What a busy and uncertain time it has been. Our finances have all taken a battering, in most cases. The cost of living crisis, the heatwaves and changes. New government and the end of an era. Britain needs to rethink what it wants to be and now, like no other, is definitely the time. We have just seen the end of Queen Elizabeth II reign. Sincerely sad to see her go. Rise high with grace and glory. We honor the time we had her with us and are grateful for the legacy she has left us. Long live the King.
We have just seen the end of Queen Elizabeth II reign. Sincerely sad to see her go. Rise high with grace and glory. We honor the time we had her with us and are grateful for the legacy she has left us. Long live the King.
The war goes on. Disruption to some services and goods. Energy prices up 000s percent. Sanctions not complete or effective. No end in site yet. Ukraine gains, Russian gains plus call up of milary reserves.
Sweeping tax cuts. Main gain to the wealthy. Calls to encourage london as a hub. Tension and contention. Probably a transitory government. Markets spooked by cuts. BoE independence supported. banker bonus remain. No windfall tax on bankers or energy firms.
Rising still. At 9.9% in August. Could be 12% at YE. Tops estimates between 16%-20% depending on gov. Likely to rise over winter. Energy bills capped.
BoE rise 50bps. Fed raise 75bps. Will continue. Markets expect 4%+ at peaks. Bonds rising with 2yr at 4%.