Newsletters
Quarterly Newsletter - Summer 2010
We have had the general election, and now we have a coalition government. It was fascinating to witness the toing and froing between the various parties’ delegations in an effort to form a coalition. It quickly became obvious that Labour had lost the will to govern, and it was left to the Conservatives and the Liberal Democrats to find mutual ground. They did so with amazing speed and emerged f...read more
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Quarterly Newsletter - Spring 2010
Following last year’s sharp rally in equities, stock markets continued to post largely positive gains in the year to date. The Far East has been rather disappointing, registering minus 1.9% in Hong Kong and a positive, albeit small return of 3.8% in Japan’s Nikkei Dow index. The Dow Jones Euro Stoxx50 fell by 2.3%, whilst the other major markets did rather better: America’s S&P 500 is up 8.4%,...read more
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Quarterly Newsletter - Winter 2009/10
Here we are, at the beginning of a new year and, as conventional wisdom would have it, at the beginning of a new decade, signifying the end of the “noughties”. “Noughties” is a rather peculiar term, to put it mildly. It does seems a bit odd, in truth, that we appear not to be too sure when a decade actually starts or finishes.Whether we are at the end of the decade or merely 9/10 through it does n...read more
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Quarterly Newsletter - Autumn 2009
It is now almost official: interest rates are going to stay low for years. The Centre for Economics and Business Research (CEBR), the highly regarded independent consultancy, this week predicted that the Bank rate will stay at 0.5% until 2011 and not rise to 2% until 2014! The CEBR’s forecast is assuming substantial fiscal tightening – £20 billion of tax increases and £80 billion of spending cuts ...read more
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