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November Market Commentary

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Introduction  October was the month which brought us Chancellor Rishi Sunak’s second Budget of the year. Normally that would make the headlines, but October was also a month when the world gave us plenty to worry about.  With factors such as rising energy prices and supply chain issues impacting economies worldwide, the UK’s economic outlook

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How long until we’re paying with Britcoin?

In the first week of September, El Salvador, a Central American country with a population of just under 7m and ranked 101st in the world according to GDP, created history. It became the first country to accept the cryptocurrency Bitcoin as legal tender.  Millions of people downloaded the government’s new digital wallet which gave away

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Is China heading for a Junk Bond Crisis?

It has been 14 years now, but many of our clients will remember the collapse of Lehman Brothers.  The collapse of Lehmans, a global financial empire founded in 1847, happened in September 2008 and was the climax of the subprime mortgage crisis. Lehman Brothers was notified of a pending downgrade in its credit rating, due

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Could Tiny Homes be the future?

If you want to frighten yourself, type “world population clock” into Google. The figures go up with terrifying speed: the number (as this article was started) was 7,894,590,038 – rapidly approaching 8bn.  In the UK, the latest population figure is 68.32m, but wherever people live, one thing is self-evident: we are going to need more

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The Pensions Triple Lock: broken promises!

At the last General Election the Conservative Government made a promise, a so-called “manifesto commitment.” That pledge is commonly known as the “pensions triple lock:” that the state pension will be increased each year by annual price inflation, average earnings growth or a guaranteed 2.5%, whichever is the greater.  For pensioners this has been good

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What is ESG?

There have been a thousand-and-one articles written since the pandemic on people’s changing attitude to work. Millennials and the generations that follow them – so we are told – want different things from work. Flexibility, the option of working from home and, above all, to work for a company that shares their values: that values

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October Market Commentary

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You will no doubt be aware that September was a month when shortages dominated the headlines. As we will see below, it was by no means a problem confined to the UK: sadly it does not look like a problem that will quickly disappear. We have, for example, written previously about the shortage of semiconductor

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What does their election mean for the German economy?

On Sunday September 26th Germany went to the polls in the first election of the post-Angela Merkel era. ‘Mutti,’ as she is widely known, has been German Chancellor – and, by definition, Europe’s premier politician – since 2005. But she stepped down as leader of the Christian Democrats (CDU) in 2018 and made it known

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More than half of UK adults now seek financial advice

As we look back on the months passed since the UK first went into lockdown one thing is abundantly clear – financially, the last couple of years have been good for some people. We’re not talking about the billionaires who have seen their shares rocket during lockdown but rather the many, many people who have

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September Market Commentary

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The defining image of August 2021 had little to do with the stock market on the surface, it was, of course, the withdrawal of British and American troops from Afghanistan. As some readers will know, Afghanistan has significant mineral reserves, which some estimates put at $1tn (£730bn). These reserves include lithium, so it will be

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