The first of January may get all the glory, but for many of us 1 September is an even better starting point for a renaissance. Especially this year. What else was there to do with two weeks in a traffic jam to a Cornish beach than plan a more exciting future?
If you have big plans, according to a survey by global accountants KPMG you’re not alone. A poll of 1,325 business leaders found that nearly nine in ten are looking to do big deals, mergers and acquisitions. That seems to include Ryanair and British Airways, which are both launching many more low-cost, short-haul routes from Britain to Europe.
So if you had big pre-pandemic plans to move or buy a property abroad, what better day to dust them off, with six months of grim British weather approaching? This might be a good point to mention The Luxury Ski Show too, which we are sponsoring on 2 October. It’s all virtual, but I’ve seen the plans and I think you’ll be impressed. Get your e-pass here.
Also in the business news today, households have made a net repayment of £1.4 billion on their mortgages in July (compared to a forecast of a £3.1 billion deficit), while UK house prices have continued to power ahead, rising by 2.1% in August against a forecast of 0.2%. (You may now be wondering exactly who makes these “forecasts”!).
It’s been good to see that over the past nine months since the end of the Brexit transition period procedures for retirees abroad have been quietly sorted out. Such as for free healthcare within the EU, which is continuing via the S1 form.
So if you’re powering ahead with your plans, do talk to your trader on 020 8003 4915 and talk about locking in today’s exchange rate, which continues to be strong.
