In recent days, the Bank of England’s Monetary Policy Committee (MPC) voted 5 to 3 to hold interest rates at their historic low point. This was interesting because it was a surprise to see even three people on the committee vote to raise rates, and it prompted comment in the media that rates were soon to rise.
Bank of England moves to squash expectations of short term increase in rates
Mark Carney, the Governor of the Bank of England, moved quickly to squash any notion of an immediate or a significant rise in rates. He cites the start of Brexit talks, poor wage growth, the worsening UK economy and more as reasons that low bank rates will remain for an extended period.
The result of this, if course, will be continued savings rates so low as to be derisory, and the continued problems that savers have in achieving any kind of realistic income.
At the same time, the stock market has shown uncertainty in direction, and quite a number of economic forecasters think we are heading for a fall. Again, the Brexit talks and the withdrawal from the EU loom large. The economic uncertainty is beginning to impact investment decisions of major companies, difficulties in making decisions about new products, potentially lower margins and more.
Investors and saves continue to suffer terrible returns!
Add all this together and it makes for a continuation of the grim time that investors and savers have experienced over the last five or more years.
And that makes the F.R.E.S.H investment strategy developed by our company all the more important. With typical annual returns of 7% to 15%, no volatility, fixed term investment and regular payments of interest, our asset-backed investments can transfer the prospects for income now or larger fund values in retirement.
To understand how the F.R.E.S.H investment strategy could make a substantial difference to your savings and investments simply ask for a complimentary copy of the F.R.E.S.H special report. Email firstname.lastname@example.org or call us on +44 1273 447 299.