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Budget Summary

March Budget Summary 2021

Setting out the government’s tax and spending plans for the year ahead, the Chancellor announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery and a series of tax-raising plans to help rebalance the public finances. Here is a summary of the main points. Coronavirus support …

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Budget

March Budget 2021 Detailed

Introduction It is interesting to look back 12 months to Rishi Sunak’s first Budget: it was followed by a year none of us could have predicted or imagined. The Conservatives had won a comfortable majority in the December 2019 General Election. As expected, Sajid Javid became Chancellor and, in January, announced that the Budget would …

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Market Commentary

Market Commentary March 2021

Introduction Welcome to the March Market Commentary: as you will see below, February was a good month for world stock markets with virtually all the major markets moving in the right direction. It was also the month which saw the rollouts of various vaccines accelerate in many countries. As we write on the morning of …

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Financial Commentary

Market Commentary January 2021

Introduction 2020 has been a year like no other, and yet – as we will see below – the majority of world stock markets have enjoyed a good year. It was also a good year for Joe Biden, who defeated Donald Trump in November’s Presidential election, and for supporters of Brexit. Finally, some 4½ years …

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Financial Market

December Market Commentary

Introduction Is the end of November a time to celebrate? All the stock markets we cover in the Bulletin made significant gains in the month; the UK’s second national lockdown ends this week and, as we write, Christmas is a little over three weeks away. Or is the glass half-empty? We’re going to come out …

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Financial Market

Market Commentary November 2020

Introduction The end of October brought plenty of bad news for Western economies as scientists stood in front of graphs and talked of ‘inexorable rises’ and ‘exponential increases.’ Unsurprisingly, stock markets duly took note. We report on 12 major stock markets and only two, India and Hong Kong, were up in October, with all the …

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October Market Commentary 2020

Market Commentary October 2020

Introduction  September was a difficult month for world stock markets. It was one of those rare months when none of the markets we report on managed to gain any ground as fears of a second wave of the Covid-19 pandemic sparked a global sell-off in shares. It was also another month of bickering as tensions …

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