The Organisation for Economic Co-operation and Development (OECD) has recently predicted that the UK will suffer a greater annual hit on our economy, due to coronavirus, than other leading nations. Their report predicts a -11.5% fall in GDP and up…
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The stalling Brexit negotiations are starting to regain the headlines. There are reports that the European Parliament may veto a deal if there are not sufficient safeguards over the ‘level playing field’ provisions. The EU want any ‘level playing field’…
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May proved to be politically contentious month. The Chinese government moved to effectively end Hong Kong’s autonomy which dramatically heightening tensions between China and both the UK and US. Also, yet another unarmed black American was tragically killed by those…
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Edition 33 – New Portfolio Selections In March, we witnessed an equity market fall of over 30% that matches the falls of the 2008 Great Financial Crisis and the 1917 Spanish Flu crisis. Given the magnitude of lost value, markets…
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The Office of National Statistics (ONS) published the UK GDP growth figures for the first three months of the year. Unsurprisingly the economy contracted by -2% driven down by a record fall of in activity in late March when the…
Read more... The Treasury has assessed the full cost to the Exchequer of the Coronavirus crisis as being around £300bn this year. The recent report forecasts a deficit of £337bn far higher than previously estimated by analysts. The Chancellors Budget in March…
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As US policymakers weigh the next stage of stimulus to bolster their faltering economy, Federal Reserve chairman Jerome Powell has warned that the economic path ahead is still highly uncertain with significant downside risks. To avoid a prolonged recession and…
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New modelling from Public Health England and Cambridge University has indicated that the R reproduction rate has fallen to 0.4% in London while the average across England is 0.75. The daily rate of infection in London has fallen from 213,000…
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The 75th Anniversary of when WW2 ended in Europe gives us all an opportunity to reflect upon the past and to look forward as they did in 1945, to better days ahead. Just like then, we are facing an uncertain…
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