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…
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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…
Read more... While the investment performance tables for the end of October show very strong global investment returns for £‑Sterling based investors, the first week of November has had d a distinctly different flavour. UK investors may have suspected that the spectacular…
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The continued downward adjustment of £-Sterling to a new historical all-time low has triggered plenty of comment. The public got their first glimpse of the upward price pressures the currency weakness introduces through Tesco’s ‘Marmite’ spat with Unilever, who tried…
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