We are delighted to introduce our newest members Endbright and Mörée Advisory. Endbright Endbright is a civil services and family tech platform providing better structure and access to family law and financial tools for family ecosystems and relationships, hence enabling better financial health, equal equity and social sustainability for individuals and families. Mörée Advisory Mörée Advisory is a boutique consultancy specialised in commercial strategy, including pricing, marketing, and sales. With 4 published titles on ...

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Within the BSCC network there exists extensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from Volvo Cars and Saab. Volvo Cars Last week marked a historical day for Volvo Cars as they announced their first batch of their flagship SUV, the fully electric EX90. They revealed their new and improved Volvo XC90 and have created a ...

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UK House Price Rise Recent data from Nationwide shows that house prices grew at the fastest annual rate since December 2022. In August, the average price increased by 4.3% compared to the same month last year, bringing the average house price to just under £300,000. This puts the current average price only £1,000 below the record set in summer 2022, a time when house prices had surged by 22% over two ...

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UK cosmetic industry provides boost to UK economy According to Oxford Economics, the beauty industry’s contribution to the UK economy saw an 11% rise, reaching £27 billion in 2023. The chief executive of the British Beauty Council attributed this growth to the industry rebounding from supply-chain disruptions caused by the pandemic and ongoing geopolitical conflicts. She also credited the “lipstick effect,” where consumers, during economic hardships, opt for entry-level luxury items ...

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Rental affordability hits new low Rental affordability in the UK has hit a new low as tenants are having to spend 28.8% of their gross income on rent. Furthermore, rent as a proportion of wages has risen by 2.2% over the last year which is the worst it has been in the last seven years. The Office for National Statistics defines rent as being “unaffordable” if it reaches 30% of gross ...

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UK wage growth expected to keep inflation high Catherine Mann, a member of the BoE’s monetary policy committee has stated there are concerns about inflation despite reaching targets of 2%. Wage growth has been high in the last year with wage growth in the public sector being at 6.4% between February and April this year. Wage growth has eased slightly since then but remains around double the amount compared to the ...

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Within the BSCC network there exists exstensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from Goodwille, and our Patron member Diplomat Collection. Diplomat Collection A new sister hotel to Hotel Diplomat and Villa Dagmar will be opened on 29 August. Villa Dahlia, the third hotel within the family-owned Diplomat Collection is located by Tegnérlunden park in ...

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Bank of England cuts interest rates The Monetary Policy Committee voted this week to slash interest rates providing a boost to the new Labour government to provide economic growth. The BoE reduced interest rates to 5% from 5.25% which is the lowest it has been since 2020. Andrew Bailey, BoE governor stated that the reason for the cut was due to inflation slowing down but also said that it is important ...

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Bank of England holds interest rates The Bank of England have decided to hold interest rates at 5.25% for the seventh time in what was a tight decision due to recent inflation figures. Data just before the announcement showed that inflation had fell to below 2% which reached the BoE’s target for the first time in three years. However, the issue with this data is that services inflation remained high at ...

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Reform party makes tax cuts promise The Reform party, led by Nigel Farage, is now ahead of the Conservatives in the polls and lead the opposition to Labour who are currently favoured.  YouGov poll showed the Reform party had jumped to 19% whilst the Conservatives are at 18% and Labour at 37%. The Reform Party announced this week that it had “radical” plans to significantly push forward the minimum threshold for ...

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