You’re Losing Money on Every International Transfer You Make. We show you exactly what your international payments are really costing you and how to fix it.
Truro, England
Joined March 2017
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British families sending a child to study in the US should plan their currency exchanges early or risk paying substantially more.
UK families sending child to study in USA 'could face unexpected cost' | Personal Finance | Finance | Express.co.uk
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"For large, life-changing, and complex transactions such as an overseas property purchase, emigration, or probate payment, use a specialist who understands your priorities and risk tolerance, and builds a payment solution around you."
The Budget lands on 28 October. I wanted to hear from people who actually run things, so I put five questions to a group of professional contacts based around the UK and asked for honest answers, not polite ones.
They delivered.
lnkd.in/p/eBFrJKaC
“I never allow myself to hold an opinion on anything that I don’t know the other side’s argument better than they do”
Charlie Munger
"Fixed thresholds are admitted to be a barrier to growth, yet frozen income tax bands are weaponised to raise revenue through fiscal drag."
Key details of proposal to end personal tax allowance £12,570 freeze | Personal Finance | Finance | Express.co.uk
Major personal tax allowance £12,570 update as Bank of England says 'should rise automatically'
Major personal tax allowance £12,570 update as Bank of England says 'should rise automatically' | Chronicle Live
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UK citizens selling homes in Europe 'lose £9,000 in 8 months' tonyredondoatcosmos.substack…
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Tony Redondo retweeted
Despite oil prices slipping back below $100/b, nosebleed refiner margins (aka crack spread) will keep pump prices high, especially for diesel. Also the price refiners usually pay, is not the first futures contract the market watches, but the c.$135 spot rate shown as red below.
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The Pound has shed more than 3% against the US Dollar over the past 30 days and is now at its lowest level against the greenback since June, less than five weeks before this Labour government's third Budget. It looks increasingly exposed to further declines.
The Pound has shed more than 0.5% against the Euro over the past 30 days and has slipped below its 100-day average, less than five weeks before this Labour government's third Budget, and the first for new Chancellor John Healey. It looks increasingly exposed to further declines.
Tony Redondo, founder of Cosmos Currency Exchange, said for the third year running businesses were “treading water amid endless Budget speculation”.
Tax uncertainty ‘keeping clients awake at night’ - FTAdviser
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