This Budget was always going to be a tricky balancing act for Chancellor Rishi Sunak. After a year of unprecedented public spending, he had to decide how much longer to extend the nation’s safety net against the realisation that the country needs to begin paying back some of the vast national debt it has accrued. […]
Many of you will know of my long-time involvement with Caldy Cricket Club. I am therefore delighted that Phillip Bates & Co Financial Services is able to play an important role in helping the club celebrate its centenary this year. We are sponsoring a range of commemorative kit, including playing shirts, polo shirts and caps. […]
The question I get asked more than most at the moment is: “Why are investment values going up when we are in a pandemic?” It is a natural question to ask because most people would assume that during a crisis as severe as this one that values would take a hammering. The reality is somewhat […]
Here at Phillip Bates & Co Financial Services, we are normally too busy working on behalf of our clients to shout about our success stories. However, I am particularly proud of the results we achieved for one client recently and which demonstrates the value of good advice. I recently saw a client who had been […]
Chancellor Rishi Sunak will deliver his much-awaited Budget on March 3. There would appear to be two major priorities for Mr Sunak. Firstly, the Government has trailed that it intends to put in place a so called ‘endemic recovery plan’ which will entail further significant state spending to help tackle the now serious jobs crisis […]
It has been a remarkable 12 months and one that no one could have envisaged this time a year ago. The Covid-19 pandemic has so far seen over 70 million confirmed cases and 1.6 million deaths across 190 countries. The commencement of the vaccination programme is wonderful news to end the year and offers the […]
This month marks the 22nd birthday of Phillip Bates & Co Financial Services. While we won’t be able to celebrate as we might normally, we continue to strive to provide clients with the same high standard of service. Despite a further Government lockdown, our intention is very much to return to our office as soon […]
As many of you will have heard, the Chancellor has confirmed that there will no longer be a Budget this month or a multi-year Spending Review. Instead, Rishi Sunak will deliver a one-year review on November 25 with a focus on how the Government is going to continue meeting the challenges of Covid-19 and the […]
The term ‘Environmental, Social and Governance’ or ‘ESG’ is something that is coming up increasingly in conversations with clients. It covers a wide range of factors that influence an investor’s decision as to whether to invest in a company. Factors could include a company’s labour practices, product safety, treatment of animals and energy usage. For […]
The Government’s decision to extend the full furlough through to the end of March 2021 and the Bank of England’s additional £150billion in quantitative easing (to spur spending and investment) surprised many commentators. It followed the announcement by Prime Minister Boris Johnson that England would enter a second national lockdown during the month of November […]
