Worldwide Financial Planning

In Italy, the rejection of constitutional reform has resulted in the resignation of prime minister Matteo Renzi – prompting calls for an early election in which the anti EU Five Star party is expected to do well.

Everyday personal financial information you need

This year the Bank of England’s stress test for UK banks included a 1.9 per cent fall in global GDP, oil dropping to $20 a barrel, a UK property market crash and turmoil in emerging markets. The test has been deemed tougher than previous years however, BoE governor Mark Carney commented that the potential for a financial crisis has increased due to recent events.

The latest good news about the UK economy is a solid figure for business investment in the third quarter, the most recent one following the Brexit vote.

A lot of attention has been given to the sell-off in government debt markets, although as ever the reality has failed to match up to the hype.

If you ever wanted any more convincing that we now live in the post-truth era then just take a look at what happened in America.