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Dr Gerard Lyons, chief economic strategist at Netwealth, told IGTV “…the UK economy is likely to pick up in the second half of this year, but won’t reach pre-crisis levels until next year." Gerard Lyons, chief economic strategist at Netwealth, writes “What is needed now is a pro-growth economic policy, with a focus on jobs, living wages, increased investment and incentives for the private sector." Gerard Lyons, former economic adviser to Mr Johnson and now at Netwealth, said low interest rates mean the state can keep borrowing, instead of cutting spending or hiking taxes." Gerard Lyons, Chief Economic Strategist for Netwealth, says “…it is vital to stress that unlocking is necessary to bring the economy out of recession… You need three things in place to unlock successfully: testing, track and trace, but the third feature is vitally important and that’s behaviour."
Gerard Lyons, chief economic strategist, Netwealth, has co-authored a report with think tank Policy Exchange looking at how the UK needs a pro-growth economic strategy for after the crisis." Ms Ransom (CEO, Netwealth) believes that Netwealth’s straightforward technology and emphasis on lower fees has attracted clients looking for something new in the sector. Netwealth fees range between 0.95 per cent to 0.65 per cent per annum… usually a full percentage point below the sector average for the same services." Take advantage of low interest rates,” said Gerard Lyons, chief economic strategist at Netwealth. He also wants VAT and stamp duty to be cut, saying: “We don’t know what will happen to people’s saving behaviour." Tom Kimche of …Netwealth said: “In the event of another market downturn, they should use this cash instead of taking income from their portfolio. This gives the investments time to recover rather than assets being sold at their lowest value."