Worldwide Financial Planning

Corporate executives, pushy unions, Covid, Vladimir Putin, Brexit voters, central bankers and global warming. All have been blamed for the high inflation that has reduced our living standards. But how much truth is there in these accusations?

It's 30 years since Warren Buffett first warned ‘It's only when the tide goes out that you learn who's been swimming naked.’ He was talking about how hurricane reinsurers were happy to accept money for underwriting catastrophic risks they thought would never happen. Until they did.

"If you are looking for a silver lining then it is this: the weakness in the banking system will make our inflation problem less acute." Here's our review of Q1 2023 by Martyn Page, Investment Director at Worldwide Financial Planning.

"The media is happy to run stories about the removal of an image of Matterhorn from a bar of Toblerone but is largely silent on the systemic risk to the entire European banking system if Switzerland’s second largest bank were to fail." Here's our take on yesterday's set piece of political theatre.

Worldwide's Communication Director will be stepping out in February to take part in a walking challenge to raise money for the largest domestic abuse organisation in the UK. Refuge, which empowers women to live without violence and fear, has organised the ‘56 Miles in February for Refuge’ challenge and Eleanor McGillie will be out and about putting the miles in while raising funds to support Refuge’s services.

Fortunately (or not) governments have a way of raising taxes that no politician has to vote for. It’s called inflation and it’s been in the news a lot recently, although the media calls it a ‘cost of living crisis’.