http://www.jemmettfox.com/Templates/Template_13/images/LogoBGImage.pnghttp://www.jemmettfox.com/http://www.jemmettfox.com/Blog archives RSS feed.An update on our economy   We’re screwed. No, seriously. As screwed as a screwball screwed to a Screwfix catalogue. Take East Dereham for example. Over the new year period we lost upwards of 6 businesses from our high street, including The George Hotel, which had survived for at least the last 250 years with no problems; Chambers, which will now probably turn into a charity shop or a poxy little cafe; Bags Of Style, which was a stupid shop to begin with, even though the people...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=96Tue, 10 Jan 2012 14:56:30 GMThttp://www.jemmettfox.com/0It’s coming up to Christmas – why not get your Tax return out of the way? 31st of January. That’s the deadline for your self-assessment tax return, if you didn’t know that by now. But that doesn’t mean that you have to wait until the 30th of January to start thinking about it. Lots of people worry about doing their tax return, so why not save on all that worry and get it out of the way early, before Christmas? That way you can relax in the knowledge that you...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=95Wed, 07 Dec 2011 10:09:17 GMThttp://www.jemmettfox.com/1Jemmett Fox are proud to present a personal guide to your tax and financial strategies for the 2011-12 tax year. Download a copy now and get ahead of the game! DOWNLOAD PDF HERE If you’ve got anything you’d like our help with, then please do not hesitate to contact us.http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=94Wed, 02 Nov 2011 15:30:16 GMThttp://www.jemmettfox.com/2EXCLUSIVE – Celebrity gagging orders revealed!   I’m lying, of course. This is an accountancy firm; like hell we’re going to write a load of lies and speculation about which celebrity is suspected of having a gagging order against the media reporting the fact that he once went into a Macdonalds and ordered a foie gras burger. No, instead, we’re going to write about the fall of Western civilisation. So sit back and relax, because this is a good one. (Yes, I a...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=93Wed, 02 Nov 2011 10:36:07 GMThttp://www.jemmettfox.com/3Right, I am an idiot. Not literally of course. But, according to the governments of the world, I am completely unable to understand the financial situation that the world is in. I am also completely unable to understand why the government are making cuts, and unable to understand why the money I am earning is not enough to pay all of my bills. I am of course, being sarcastic. Like the majority of the British population, I understand all of this. What’s more, I have discovered, thro...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=92Fri, 23 Sep 2011 09:54:59 GMThttp://www.jemmettfox.com/4New website in the works Having seen the new website of our sister company, Jemmett Fox Media, we’ve decided that it’s about time for us to have a bit of a makeover as well! So, over the next few weeks, you may see some changes when browsing the website, or get a couple of strange errors, then don’t worry – it’s all to lead up to our big site re-launch! In other news, we need suggestions on how to improve our fantasy football team. We are currently sitting b...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=91Wed, 31 Aug 2011 11:39:02 GMThttp://www.jemmettfox.com/5Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=89Wed, 03 Aug 2011 09:48:18 GMThttp://www.jemmettfox.com/6UK businesses are being urged to employ more young unemployed Britons rather than relying on immigrant labour. So says Iain Duncan Smith MP, the current work and pensions secretary. His remarks almost echoed those made in 2007 by then-Prime Minister Gordon Brown, when he said “British jobs for British workers”. However, businesses have hit back by claiming that migrants were more highly-skilled and motivated than their British counterparts, and that to make any kind of discriminatio...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=88Fri, 01 Jul 2011 12:14:18 GMThttp://www.jemmettfox.com/7The writer of this blog would like to make it clear that the below letter in no way illustrates or represents the view of Jemmett Fox (UK) Ltd. *Here follows a transcript of a letter sent to the Prime Minister of England, David Cameron, on the 15th June 2011* Dear Mr Cameron, I am writing this letter in the hope that it will be read by either yourself or a member of the Coalition government who shares your views. It would appear that the country is bracing itself for a series of stri...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=87Wed, 15 Jun 2011 12:24:10 GMThttp://www.jemmettfox.com/8Well, it's nearing the end of the week, so let's consider some of the more important things that are going on the world that you may have missed. First of all, the route for the Olympic torch has been decided. You can wobble over to the BBC's website if you'd like to see where it's going, but suffice to say, the government claim that the route will be no more than 1 hour away from every person living in the UK. Unless that is you happen to live on Angelsey or the Isle Of Wight, in which case ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=85Fri, 27 May 2011 11:29:30 GMThttp://www.jemmettfox.com/9About six weeks ago, I wrote a blog about how much the world had changed in a month. If you're interested, go and take a good look at it here – you won't be disappointed! Anyway, at the very end of the blog, I wrote that I had left the human race behind and had become a cat, by completing the census that was going around at the time. Well, you can imagine my surprise when a man turned up at my door last night asking to see me, and asking me to confirm that I was indeed a cat, or...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=83Fri, 06 May 2011 10:34:05 GMThttp://www.jemmettfox.com/10It's nice to know that, as the entire world spirals into everlasting debt, Tescos are holding the ship aloat by announcing yet another rise in profits, this time due to its growth in Asia. Despite this, their shares fell by over 1.6%, mostly due to a relatively poor performance in the UK. And yet at a time where large businesses are looking to keep everything stable and not take any risks, Tescos are continuing to push ahead, releasing new services all the time. Later this year will see the supe...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=82Thu, 21 Apr 2011 10:51:18 GMThttp://www.jemmettfox.com/11With the country nearly bankrupt and small businesses struggling to survive the powers at be have instigated new late filing and late payment penalties for the submission of your Self Assessment Tax Return.  Over the next few days many of you will receive your notice to complete your Tax Return together with a summary from HMRC of the new penalty regime, as mentioned in yesterday's blog and on this page. This new regime has not been widely publicised and many will not read the encl...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=80Thu, 07 Apr 2011 10:00:32 GMThttp://www.jemmettfox.com/12In a move that has surprised/irritated/really annoyed some/many/all people (delete as appropriate), the HMRC have seen it wise to increase their charges for people filing their tax returns late. You can find a list of the charges on THIS PAGE on our website. Basically, if you are one day late, you get a charge of £100. Two days late, it’s £110. Three days later, £120. And so on, until you reach £1000. At six months, whack another £300 on top of that (or a perc...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=78Wed, 06 Apr 2011 17:55:20 GMThttp://www.jemmettfox.com/13There has been much comment regarding yesterday’s budget and commentators have welcomed the help for businesses particularly in respect to the announcement that the mainstream corporation tax rate will be reduced from 28% to 26% effective 1 April 2011. The small companies rate is also being reduced from 21% to 20%. Going forward there will be a further reduction of the mainstream corporation rate by 1% up to 2014/2015, reducing this to 23%. Some people may ask why have we highlighted this?...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=75Thu, 24 Mar 2011 12:55:19 GMThttp://www.jemmettfox.com/14From 6pm on 23 March 2011 Fuel Duty Fuel Duty will be cut by 1p per litre. Tobacco Duty changes Tobacco duty rates will rise by 2% above inflation, and the duty regime will be reformed in due course. From April 2011 Corporation Tax reduction The main rate of Corporation Tax will be reduced to 26% from April 2011, with further yearly reductions of 1% until it reaches 23% in 2014. Domestic Regulations A moratorium exempting micro businesses and sta...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=74Thu, 24 Mar 2011 11:46:35 GMThttp://www.jemmettfox.com/15Note: Anything said in this blog is not representative of the opinion of Jemmett Fox or it's subsidiary companies. The writer of the blog is simply trying to get an opposing viewpoint across Isn't is amazing just how much can change in a month? A week? An hour? Even a few seconds? Exactly one month ago, we posted a blog on what was trending on Twitter at the time. The Birtish actor Nicholas Courtney had just passed away, the situation in Libya has only just started to take shape, Christc...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=72Wed, 23 Mar 2011 10:29:43 GMThttp://www.jemmettfox.com/16OK, it's... 09.20 in the morning of Wednesday the 23rd February 2011, and for a little bit of a change from the normal blog, let's take a look at the trending topics in Twitter right now in the UK, to see what everyone is thinking, starting at the top: 1) Nicholas Courtney - British actor Nicholas Courtney, apparently best known for his role as Brigadier in the original series of "Doctor Who", died at the age of 81 last night. 2) #ThatsWhyYourMyEx - umm... seems to be the latest fad of one...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=70Wed, 23 Feb 2011 09:46:03 GMThttp://www.jemmettfox.com/17Someone once said, "There is no such thing as coincidence. There is only fate." That may be so, but it hasn't stopped people looking for coincidences thoughout history. And some of them are just far, far too strange to be merely "coincidence"... Take the example of three men hanged in 1911 for the murder of Sir Edmund Berry. Their surnames were Green, Berry and Hill. Where were the hung? Greenberry Hill, in London. Not good enough? How about the case of a British officer, Major Summerford,...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=66Wed, 16 Feb 2011 10:49:55 GMThttp://www.jemmettfox.com/18So, in recent days, the government have forced the largest UK banks to sign an agreement detailing lending plans to businesses, restricting bonuses for managers, and revealing salary details of their top earners. On Tuesday, the government increased their levy on banks by £800m to £.25bn this year; an increase that was not due until next year. Now, of course, it would be ridiculous to suggest that this important piece of news will not affect the average working person. However, th...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=65Thu, 10 Feb 2011 11:06:54 GMThttp://www.jemmettfox.com/19People have accused journalists of many things. Biased reporting. Fudging the facts. Participating in less-than-savoury operations. All of these points, and many others, can be argued about. However, as recent events have dramatically proved, the one thing that cannot be argued is that journalists are, without a doubt, some of the bravest people on the planet. The situation in Egypt has spiralled out of control. With the state cutting off all internet access for five days, the only way t...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=63Thu, 03 Feb 2011 11:31:35 GMThttp://www.jemmettfox.com/20As I'm sure everyone who follows the news knows by now, football commentator Andy Gray has been sacked by Sky for inappropriate and sexist remarks made about a female linesman before the game between Liverpool and Wolves on Saturday. His co-presenter Richard Keys was given a warning and withdrawn from the coverage of the Monday evening game between Chelsea and Bolton, and now new footage has been released onto the internet showing him making lewd comments off-air to pundit Jamie Redknapp. As And...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=61Wed, 26 Jan 2011 10:52:03 GMThttp://www.jemmettfox.com/21UK unemployment rose by nearly 50,000 in the three months up to the end of November, meaning that there are now almost 2.5 million people unemployed across the UK. One in five 16-24 year olds are now out of work and education, the highest figure since 1992.The data from the Office of National Statistics (ONS) also shows that in the same period there were 157,000 redundancies, with many thousands more expected over the next few months. On Tuesday, the Institute of Public Policy Research warned...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=60Thu, 20 Jan 2011 09:47:50 GMThttp://www.jemmettfox.com/22Well, it's our first blog of the new year. Hope that everybody had a good Christmas, and that you are all starting to get back into the swing of things. Of course, this also means that one of the most dreaded periods of the year has come upon us - online Self Assessment Tax Returns (SATRs). You need to complete a SATR by the 31st of January if you are one of the following:  - Self Employed  - Company Director (unless it's for a non-profit organisation)  - Have income fro...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=59Wed, 12 Jan 2011 09:56:47 GMThttp://www.jemmettfox.com/23Well, the waiting is almost over. In three days it'll be Christmas; another chance for families to renew ties with little-known relatives, and for children to get up at 00.01 on the 25th of December expecting their parents to be overwhelmed with happiness. Of more importance, there is only 6 days to go until one of the busiest shopping days of the year. Although when I say shopping, I actually mean "returning". Yes, it is of course the day when all unwanted Christmas presents are sent back to th...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=58Wed, 22 Dec 2010 11:02:43 GMThttp://www.jemmettfox.com/24The UK's CPI inflation rate has risen to 3.3% in November following record prices in food, clothing and furniture. The RPI, which includes the rate of mortgage repayments, rose from 4.5% to 4.7% in the sam period. Experts are predicting that the CPI could reach 4% in the next year as the VAT rate increase starts to bite, and there is a growing belief that the interest rate, which has been kept on hold at 0.5% once more, should rise. The situation is not helped by the growing crisis in the Eur...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=57Wed, 15 Dec 2010 13:34:22 GMThttp://www.jemmettfox.com/25The government has announced further concessions to it plans for student fee increases, as students prepare for another day of protesting. Yesterday, Deputy Prime Minister Nick Clegg said that the Liberal Democrat party would vote in full for the proposed changes, but he is expected to face a sizeable rebellion on Thursday when the vote is taken. Two Conservative ministers have also said that they will vote against the proposals, so these concessions will be seen as a last, desperate attempt by...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=55Wed, 08 Dec 2010 12:03:32 GMThttp://www.jemmettfox.com/26Waking up to snow last Friday in the middle of Norfolk came as quite a surprise. The weather forecasters hadn’t predicted anything for this part of the country, and as the day wore on it appeared that Norfolk, even though we had seemingly had more snow than most of the rest of the country, had literally fallen off the map. Reporters from news channels were across the country, reporting on the “expected” snow, whilst only a couple of centimetres was around in some places (we apo...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=54Wed, 01 Dec 2010 12:52:46 GMThttp://www.jemmettfox.com/27Students across the country have protested once about the planned increases in tuition fees. An estimated 130,000 students took part in various demonstrations across England and Wales yesterday, all protesting about the real prospect of being forced to pay up to £9,000 per year for a university education. The protests this time included children as young as 13; part of the generation who will bear the brunt of the changes. As well as protests in many major cities, students at universities...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=53Thu, 25 Nov 2010 12:34:54 GMThttp://www.jemmettfox.com/28The governor of the Irish Central Bank has said he expects the Republic of Ireland to accept a “substantial” loan as part of a European-backed bail-out. Patrick Honohan was speaking on RTE radio when he said he expected the loan to amount to “tens of billions” of euros. However the final decision still rests with the Irish government, who as yet have released no comment, and indeed deny that they have asked for aid. Representatives from the IMF, the European Central Bank...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=52Thu, 18 Nov 2010 12:33:07 GMThttp://www.jemmettfox.com/29Plans have been announced by the Home Office that will see virtually all of the details stored on the national identity database physically destroyed, rather than simply being wiped. Once the Identity Documents Bill has received Royal Assent, the process will begin, as any machine that has held personal details gathered for use with identity cards is destroyed and recycled. It would seem that, in the wake of the multitude of previous errors by the previous government in losing personal details, ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=51Thu, 11 Nov 2010 11:52:37 GMThttp://www.jemmettfox.com/30We've just launched our new SAGE shop, under the "Special Offers" menu on the site. SAGE are one of the leading suppliers of professional accountancy software in the UK. As a licensed reseller, we are able to offer the software at significantly reduced prices to you and your company. Because the software is tailored to meet specific needs, you will need to contact us directly and tell us exactly what you will require before we can give you the final price. The prices that are quoted on the web...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=50Mon, 08 Nov 2010 12:42:49 GMThttp://www.jemmettfox.com/31Students in universities across England could face tuition fees of up to £9,000 per year from 2012, according to the latest plans published by the Coalition government. Under the plans, universities will be able to charge up to £6,000 for students who do not receive extra support, whilst poorer students who are eligible for support can be charged up to £9,000 per year, nearly three times more than current levels. Much of the excess will replace public funding withdrawn from un...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=46Wed, 03 Nov 2010 10:05:59 GMThttp://www.jemmettfox.com/32The UK’s economy grew at 0.8% between July and September, double the predicted growth expected by analysts. Combined with a rise of 1.2% in the second quarter, this suggests that the UK economy is well on its way to recovery. The UK’s triple-A credit rating was also upgraded, theoretically boosting confidence in the UK’s economy in the international community. The announcement comes despite weak retail sales and housing activity data, prompting the chancellor to say that the fi...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=45Wed, 27 Oct 2010 10:20:27 GMThttp://www.jemmettfox.com/33The chancellor, George Osborne, announced the deepest cuts in the four-year spending review to Parliament yesterday. The key announcements are as follows: -          Approximately 490,000 public sector jobs to be lost over the period -          An average cut of 19% in departmental budgets -          Structural deficit to be eliminated by 2015 -  &n...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=44Thu, 21 Oct 2010 10:14:16 GMThttp://www.jemmettfox.com/34George Osbourne has announced details of the much-anticipated, and dreaded, spending cuts. We'll have a full review of these for you tomorrow, but for now, please follow this link for the official document released by the government.http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=43Wed, 20 Oct 2010 15:32:15 GMThttp://www.jemmettfox.com/35The CPI inflation rate remained at 3.1% in September, according to the Office for National Statistics (ONS). The RPI fell slightly to 4.6%.  The announcement is of paramount importance to benefit claimants, as it sets the rate at which benefits change in April. Most benefits will now rise by 3.1%, whilst pensions, linked to the RPI, will increase by 4.6%. This represents a saving of 1.5% on benefit claims for the Coalition government, which changed the benefits link from the RPI to the CPI...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=42Wed, 13 Oct 2010 11:55:57 GMThttp://www.jemmettfox.com/36Interest rates were kept on hold again at 0.5% last week, but concerns about CPI inflation remaining above the 2% target would suggest that the Monetary Policy Committee may be forced to think about tightening their monetary policies. However, the expectation of low growth and a slow recovery would seem to favour a return to quantitative easing, a decision that the MPC has postponed until November, following the spending review on the 21st October. Support for another round of QE is rising. Cre...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=40Mon, 11 Oct 2010 10:21:38 GMThttp://www.jemmettfox.com/37As I’m sure many people are aware, the chancellor has announced the Coalition’s plans to stop child benefit payments to individuals earning over £44,000 per year. This comes in addition to the spending cuts that have been gradually announced and implemented over the last few weeks. However, the difference between the announcements is that the spending cuts do not require any form of legislation to be approved and implemented, whereas, despite what the media circus is saying, th...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=39Wed, 06 Oct 2010 15:06:20 GMThttp://www.jemmettfox.com/38Europeans protest over austerity measures, and how safe is your data?   Thousands of protesters have marched across major cities in Europe in protest over massive spending cuts by some EU governments. Marches took place in Greece, Italy, Ireland, Belgium and Latvia. Spain is also being hit by a general strike in the public sector, affecting transport and other public services. In Madrid, labour unions are marching through the streets in an attempt to shut-down the city’s infrastruc...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=38Thu, 30 Sep 2010 09:38:44 GMThttp://www.jemmettfox.com/39Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=37Wed, 22 Sep 2010 13:18:57 GMThttp://www.jemmettfox.com/40Normal 0 false false false EN-GB X-NONE X-NONE ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=36Thu, 16 Sep 2010 09:01:40 GMThttp://www.jemmettfox.com/41Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=35Thu, 09 Sep 2010 14:47:03 GMThttp://www.jemmettfox.com/42Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=34Wed, 08 Sep 2010 13:26:07 GMThttp://www.jemmettfox.com/43Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=32Wed, 01 Sep 2010 11:30:24 GMThttp://www.jemmettfox.com/44A recent survey of 2000 households in August has shown that people are more worried than ever about rising costs and losing their jobs. 30% of those surveyed said that their financial situation had worsened in the last month, compared to the 6% who said they were better off. A massive 69% of people said that they were paying more for their goods and services than at the same point a month previous, the highest rise since the surveys began collecting information 18 months ago. All this c...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=30Mon, 23 Aug 2010 11:23:38 GMThttp://www.jemmettfox.com/45Some time ago, a new scheme was introduced whereby private firms would build and pay for new NHS hospitals and mental units, and would then be repaid by the NHS over a period of 30 years or less. This so-called "mortgage" stood at £11.3bn after 103 such schemes had taken place. However, once extra costs such as maintenance, cleaning and other expenses have been taken into account, over the 30 year period the NHS is expected to have to pay back just over £65bn. With yearly repayments ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=26Fri, 13 Aug 2010 11:13:11 GMThttp://www.jemmettfox.com/46British banks are back in profit for the first time since the British public bailed them out during the recession. Lloyds bank reported a profit of £1.6 billion in the first half of this year, compared to a loss of £4 billion for the same period last year. Earlier this week Northern Rock, the first bank to suffer the effects fo the recession, reported a profit of £350 million, whilst HSBC's profits were a staggering £7 billion, more than double what was made during the...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=24Wed, 04 Aug 2010 11:53:34 GMThttp://www.jemmettfox.com/47British Gas has made operating profits of £585 million in the first half of 2010. A combination of the cold winter and an increase in customers has contributed to the 98% rise in profits, according to its parent company, Centrica. This was despite an 8% cut in the price of gas in February, and the possibility of further cuts in the near future. However, senior figures at British Gas are still warning that, in the long term, prices would certainly have to rise, and consumers are trying t...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=20Wed, 28 Jul 2010 11:10:39 GMThttp://www.jemmettfox.com/48BP have announced that they are to sell almost $7 billion (£4.6 billion) worth of its assets in Canada, Egypt and Texas, in order to part-fund the cost of cleaning up the oil spill in the Gulf of Mexico. The company is also considering selling some assets from Vietnam, Pakistan and areas of South America. Share prices in BP have fell massively in the wake of the oil spill, but have since started to recover, standing currently at just over £4 per share. This comes at a time when David...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=15Wed, 21 Jul 2010 11:00:03 GMThttp://www.jemmettfox.com/49UK inflation fell in June by 0.2%, from 3.4% in May to 3.2%. The fall was mainly due to the relatively low price increases of clothes and petrol. However, the core inflation rate, which ignores volatile commodities such as petrol and food prices, actually rose from 2.9% to 3.1%. This has been put down to a significant rise in major services, which increased by 0.5% in June. The recent spike in inflation was fueled by the return to the 17.5% VAT rate, a weak pound, and the recovery of commodit...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=12Tue, 13 Jul 2010 10:53:16 GMThttp://www.jemmettfox.com/50University graduates in England have always seemed to get the short straw. Many come out of University carrying large debts, only to find that the job market is skewed towards the people who have eschewed going to university and instead opted for apprenticeships or work trials to get them on the job ladder. And now, it seems times are tougher than ever if you are a graduate. Recent studies have shown that for every graduate vacancy on offer, there are an average of 69 applications. That means...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=10Tue, 06 Jul 2010 11:27:53 GMThttp://www.jemmettfox.com/51It still comes as a surprise when, in the middle of an economic downturn, companies try to make themselves more attractive to customers by raising prices. The Times newspaper has started charging readers to access its online content; £1 per day, or £2 per week if readers sign up for a subscription. News International, the group who own the Times newspaper, claim that the charges are necessary in response to lower advertising revenues. Although they admit that they may ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=7Fri, 02 Jul 2010 12:14:47 GMThttp://www.jemmettfox.com/52The pound has hit a fresh 19-month high against the euro as the European flagship currency comes under renewed pressure. The pound rose almost half a cent to 1.2327 euros to be at its highest level since November 2008. Against the dollar, the pound fell by more than half a US cent to $1.5029.  There is speculation that England's interest rates are soon going to rise as the rate of inflation continues to hold steady at 3.4%, well above the 2% target. Higher interest ra...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=6Tue, 29 Jun 2010 11:15:39 GMThttp://www.jemmettfox.com/53We've just uploaded some documents that may help you understand the consequences of the recent budget, and what they mean for you and your company. Please go HERE to access them.http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=4Thu, 24 Jun 2010 11:30:57 GMThttp://www.jemmettfox.com/54George Osborne today delivered his emergency budget to set out the sending cuts and tax increases many have been expecting. Here is a summary of the key points: VAT to rise from 17.5% to 20% from 4 January next year Income tax allowance to rise by £1,000 to £7,475 No rise in alcohol, tobacco or fuel duties Child benefits frozen for three years; medical examination for new disabilities living allowance claimants Link between basic s...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=3Tue, 22 Jun 2010 14:18:09 GMThttp://www.jemmettfox.com/55To try and reduce the government deficit, the Coalition have announced a number of projects that Labour either put into practise or were planning to implement, but which will no longer be continued. For a full list, see HERE. Many of the projects being cut relate to unemployment and helping people get back into work. Specifically, the Coalition are cutting the fund that can help people who have been out of work for 6 months to start up businesses. This is where JemmettFox can help. ...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=2Fri, 18 Jun 2010 11:14:19 GMThttp://www.jemmettfox.com/56The government is asking local councils to make £1.1 billion worth of cuts this year, in a bid to reduce the country's deficit. Unfortunately, making these cuts is unlikely to make things better;  it is quite possible that it's going to make things worse for a lot of people. Unemployment is still rising, and making cuts will only mean it will increase futher, reducing the amount of tax that the Government will collect through PAYE and increasing spending through the social security sy...http://www.jemmettfox.com/Users/frmBlogDetail.aspx?id=1Wed, 16 Jun 2010 11:16:31 GMThttp://www.jemmettfox.com/57