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Latest News & Insights

“Britain’s economy isn’t broken, but I do know that it’s not working well enough for working people”

Market Commentary

“Britain’s economy isn’t broken, but I do know that it’s not working well enough for working people”

Chancellor Rachel Reeves has confirmed that the Autumn Budget will take place on Wednesday 26 November, nearly a month later than last year’s Budget. Many economists have warned that tax rises or spending cuts are likely to be announced. Reeves is currently under mounting pressure to address the gap in the public finances while adhering […]

“Retailers endured another tough month in August”

Market Commentary

“Retailers endured another tough month in August”

Retail sales volumes fell for the eleventh consecutive month in August, according to the latest survey from the Confederation of British Industry (CBI). The monthly retail sales gauge was at  -32%, marking little change from -34% in July. However, the pace of decline is expected to slow down in September, with the outlook improving to […]

“These figures underscore the intensifying financial squeeze on households and businesses”

Market Commentary

“These figures underscore the intensifying financial squeeze on households and businesses”

Inflation was higher than expected in July, with prices rising by 3.8% year-on-year according to the Office for National Statistics (ONS). This is up from the 3.6% recorded in the 12 months to June and nearly double the Bank of England’s (BoE’s) target of 2%. Earlier this month, the BoE made the decision to reduce […]

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