This year, the price of a ‘safe’ 10-year UK government gilt has fallen by 25% and that of a 30-year gilt by 50%. The price of an index linked 15-year gilt has fallen by 60%. Investment falls of these magnitudes…
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There is something profoundly efficient in the UK’s unwritten constitution. It has been able to so quickly and quite ruthlessly removed a failed Prime Minister and started again as if nothing had happened. We can certainly say that we live…
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Central banks are approaching the point of maximum danger as they attempt to both curb inflation without tipping economies into a painful recession. With UK inflation at 10.1% and eurozone at 10.7%, central banks are expected to react to this…
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A week has been a long time in both UK politics and the UK economy as markets punished Prime Minister Liz Truss and now ex Chancellor Kwasi Kwarteng for a non-costed tax reducing budget. Announcing a fiscal stimulus package contingent…
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The governments policy to cap the price of energy will have a marked impact on the cost of heating homes this winter. The cap will result in an average heating bill of about £2,500 but without the cap families would…
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This year has been a remarkable and unprecedented one for investors. The strain of transforming from an ultra-low interest rate economy back to the type of monetary conditions we were used to prior to the global financial crisis of 2008…
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This past two weeks has been quite monumental in UK politics and finance. Prime Minister Liz Truss launched a policy to cap the cost of energy for households and business and a vital relief for millions that faced hardship over…
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The media has been full of bad news this past week. Faltering global growth, higher inflation forecasts and rising interest rates set a pessimistic tone, which was made worse by a geopolitical crisis in Taiwan. UK investors were stung by…
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2022 has been unprecedented in terms of the challenges facing the world economy. The post covid boost in asset values due to massive government stimulus funding and interest rate cuts has been replaced by tightening, high inflation and interest rate…
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