The rumour mill is in overdrive and we are still 10 weeks away from the Budget. It seems like every day, one media outlet or another is speculating on what may be under consideration for inclusion in Chancellor Rachel Reeves’ statement on November 26. Despite proclaiming that last year’s Budget – the first by a […]
It is a theme that we constantly return to at Phillip Bates & Co Financial Services, but there really is no substitute for long-term, diversified financial planning. It was just a few weeks ago that we were facing up to President Trump’s tariff wars and their potential consequences for economies around the world. While there […]
There have been many headlines about President Donald Trump’s tariff policy over the last couple of months following so called ‘Liberation Day’. After the first few days of the announcement, it has been hard keeping pace with what tariff is applied to what country, who’s striking trade deals and who is still out in the […]
On the wall behind me in my office is a chart displaying the various ups and downs of the global economy over the last century. Included within it are global recessions, world wars and various other events that have triggered financial downturns or upturns. In terms of our own recent history, the collapse of the […]
The best that Chancellor Rachel Reeves could hope for from Wednesday’s Spring Statement was as little drama as possible. Her principal objective was to demonstrate that she and the wider Labour Government are trying the best they can with an extremely difficult set of cards. This would have been the same had it been a […]
Chancellor Rachel Reeves has not enjoyed the happiest of starts to 2025 with calls in some quarters for her to even be removed from her post. While this is unlikely to happen any time soon, there is no question that this Government’s management of the UK economy is under intense scrutiny as the fallout from […]
Labour’s landslide victory in last week’s General Election was broadly welcomed by the financial markets. The one thing that the markets dislike more than anything else is uncertainty – something that was never likely to be an issue with Sir Keir Starmer’s party maintaining their 20-point poll lead throughout the six-week campaign. The new Government […]
The politician in Chancellor Jeremy Hunt must have wanted to go further in his Autumn Statement giveaways, but that was never likely to happen. The Chancellor has put too much effort into reassuring the markets and the British public that he is a careful custodian of the economy to jeopardise all of that for a […]
A leading Cheshire chartered financial planners has celebrated its 25th anniversary. Phillip Bates & Co Financial Services marked the occasion with a party at The Neston Club attended by staff and some of the firm’s longest-standing clients. The eight-strong team is based in Neston and covers Cheshire, Wirral, Merseyside and North Wales, providing independent financial […]
A question I am increasingly being asked by clients is whether a change in Government has a significant effect on the financial markets. The question is an interesting one given that next year will see a General Election in the UK and a US Presidential Election. As things stand, the polls suggest that both Prime […]
