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The World In A Week – Building Bridges

Although considerably paired down from President Biden’s initial spending plan of $2.3 trillion, a proposed infrastructure deal of $579 billion was agreed with senators.  It will focus on improving and building roads, bridges, railways, public transport, and broadband networks.  This is all new spending and, when combined with the renewal of existing annual funding for…

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savings lotteries

Savings lotteries – what are they, and are they worth it?

Savings lotteries have become more prevalent in recent times as banks look to incentivise saving without offering better rates. But are they any good? Nationwide Building Society has launched a new lottery for customers, which automatically enrols them in a monthly prize draw where one lucky winner can scoop £100,000. How does it compare to…

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market commentary

The World In A Week – Tax becomes less taxing

The Organisation for Economic Co-operation and Development (OECD) published its latest economic outlook last week.  There were no hidden surprises in the 221 pages, whose narrative echoed that the pandemic continues to cast a long shadow over the world’s economies, with the silver lining being an improved prospect for the global economy due to vaccinations…

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