In the days following the Referendum, the value of the pound fell sharply by 13.5% and stock markets became volatile. A loss of confidence in the UK led to a rush for redemptions from retail commercial property funds. This forced…
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The fall in the value of sterling post-Brexit, the likely rise in the cost of imported goods to the UK and the stimulus policies of newly elected US President Trump has created the expectation of rising inflation. The BoE is…
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The level of currency outflows from China has again become a significant issue. In September, net outflows reached US$55bn while this does not match the outflows we witnessed in January 2016 when the mismanaged shift in exchange rate policy saw…
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Donald Trump vowed to ‘rebuild America from the ground up’. With Republicans now in control of both Chambers of Congress, he has the mandate to push ahead with few obstacles in his way. This will avert the past paralysis and…
Read more... The cross-channel trade in financial services, worth £30bn pa and employing over one million people, is underpinned by the EU passporting system which allows banks to operate freely across the continent. The City is the UK’s single most significant sector…
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It would be reasonable to think that UK stock markets have been on a sugar rush from shortly after the Brexit Referendum in June until late October. Equity markets forged ahead as the pound devalued, taking the hit for the…
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In April 2015 the now well observed pension flexibilities were introduced. However once pension benefits have been flexibly accessed then any further contributions to a Defined Contribution Pension will be restricted to a special Money Purchase Annual Allowance (MPAA). This…
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Speaking at a rally in Pennsylvania, the new President-elect of the United States announced that “On November 8th we are going to do something so special – it will be called Brexit plus, plus, plus.” Good to his word, the…
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Just like back on 23 June, we have woken up to an electoral outcome few thought possible. Donald Trump has won the US presidential election. The Japanese stock markets fell by as much as 5% mainly due to the strength…
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