Current Position Inflation figures for June revealed an unexpected fall in the Consumer Prices Index (CPI) rate to 2.6% after seven months of rising rates and May’s high of 2.9%. Possibly, inflation is now at, or close to, its post-Brexit-vote peak, and an interest rate rise may not be forthcoming after all. The recent inflation dip
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Following the announcement for a ‘snap-election’ on the 8th June, there has been speculative activity among traders with sharp moves in the value of the pound and UK companies. What Happened and Why? Theresa May is said to want greater power and leverage in the Brexit negotiations which she expects to be gained from a
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Yesterday, the Prime Minister finally delivered her 12-point plan for taking the UK out of the EU. In her detailed speech, she set out her vision for a ‘managed Brexit’ that would seek ‘a new, positive and constructive partnership between Britain and the European Union’. Here we comment briefly on global economic progress and the
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This will be the last Autumn Statement. In future, the Budget Day will switch from spring to autumn, with a toned down statement on the economy delivered each March. This will give welcome breathing space between the announcement of budget changes and their introduction. Philip Hammond’s first Autumn Statement didn’t contain any major tax or
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As with Brexit, not may people foresaw Donald Trump emerging as winner of the US presidential election. There is obviously a considerable amount of discontent and frustration across Western democracies. This election result is a vote against the political establishment from a large part of society that is angry that government policy has done little
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Following the Brexit vote, Philip Hammond, Chancellor of the Exchequer has sought to reassure British businesses amid uncertainty in the wake of the vote to leave the EU. He told members at the Conservative Party conference there may be a rocky road ahead. “We are ready to take whatever steps are necessary to protect this
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Navigating the available options regarding ISAs can be confusing. With 6 months to go before the end of the tax year, now is a good time to look at whether you should be contributing to an ISA. Over time the ISA allowance has increased considerably, but savings rates have dropped. The Cash ISA & Stocks & Shares
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We have all had our chance to vote and have judged the benefits of an independent life outside the EU to be worth the costs of leaving it. In spite of the more emotional appeals to the contrary, this is not a disaster. The UK will certainly suffer an economic impact as businesses consider their
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How has the Brexit uncertainty affected the UK market? Although the EU referendum is dominating headlines in the UK, not all stock market movements are a result of the forthcoming vote. There are also a lot of global factors affecting ours and international markets. The year started with extreme pessimism about Chinese and global growth
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With over 90 years of combined experience of financial planning & investing, we consider that it is very difficult and most likely impossible to predict when is the best time to enter or exit the market. The speed at which markets react to news means stock prices have already absorbed the impact of new developments.
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