As we approach the end of 2022, we look back on what has undoubtedly been a turbulent year economically around the world. For those of us in the UK, it has also been one of the more extraordinary years politically with three different Prime Ministers. There are, however, some tentative signs that inflation may have […]
Like all smart politicians, Chancellor Jeremy Hunt talked up the need for Britons to “face into the storm” ahead of presenting his Autumn Statement. But while some sections of society will have to play their part by paying more in taxes, the statement was nowhere near as painful as some commentators had been forecasting it […]
The financial markets may be complex in many ways, but in other ways they are very simple. After a turbulent few weeks, the appointment of a new Chancellor in Jeremy Hunt and the subsequent instalment of a new Prime Minister in Rishi Sunak has given the markets the one thing they crave more than anything […]
https://pbatesfs.co.uk/wp-content/uploads/2020/06/pexels-photo-210607.jpeg15002250EdwardLambhttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngEdwardLamb2022-10-27 13:10:052022-10-27 22:27:53Market confidence returns after chaotic few weeks
The Government may not have called Friday’s ‘fiscal event’ a Budget, but it certainly packed more of a punch than many Budgets put together. In just over 25 minutes on his feet, new Chancellor Kwasi Kwarteng took the biggest economic and political gamble in 50 years – the last time there was a tax cutting […]
https://pbatesfs.co.uk/wp-content/uploads/2022/09/pexels-photo-5277965.jpeg14182520EdwardLambhttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngEdwardLamb2022-09-26 09:20:442022-09-26 09:20:46Kwarteng rolls the dice with UK’s economy
In any other week, the Government’s much trailed announcement on energy prices would have dominated the news headlines. However, for entirely understandable reasons, Prime Minister Liz Truss’s package of measures – which could cost up to £150billion – almost slipped under the radar. A typical household energy bill will be capped at £2,500 annually until […]
https://pbatesfs.co.uk/wp-content/uploads/2021/02/pexels-photo-50632.jpeg15002250EdwardLambhttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngEdwardLamb2022-09-12 15:19:252022-09-12 16:37:16Testing times for UK & global economy
Season’s Greetings from Phillip Bates & Co Financial Services
/0 Comments/in News /by EdwardLambAs we approach the end of 2022, we look back on what has undoubtedly been a turbulent year economically around the world. For those of us in the UK, it has also been one of the more extraordinary years politically with three different Prime Ministers. There are, however, some tentative signs that inflation may have […]
Autumn Statement: Chancellor continues message of “sensible stewardship”
/0 Comments/in News /by EdwardLambLike all smart politicians, Chancellor Jeremy Hunt talked up the need for Britons to “face into the storm” ahead of presenting his Autumn Statement. But while some sections of society will have to play their part by paying more in taxes, the statement was nowhere near as painful as some commentators had been forecasting it […]
Market confidence returns after chaotic few weeks
/0 Comments/in News /by EdwardLambThe financial markets may be complex in many ways, but in other ways they are very simple. After a turbulent few weeks, the appointment of a new Chancellor in Jeremy Hunt and the subsequent instalment of a new Prime Minister in Rishi Sunak has given the markets the one thing they crave more than anything […]
Kwarteng rolls the dice with UK’s economy
/0 Comments/in News /by EdwardLambThe Government may not have called Friday’s ‘fiscal event’ a Budget, but it certainly packed more of a punch than many Budgets put together. In just over 25 minutes on his feet, new Chancellor Kwasi Kwarteng took the biggest economic and political gamble in 50 years – the last time there was a tax cutting […]
Testing times for UK & global economy
/0 Comments/in News /by EdwardLambIn any other week, the Government’s much trailed announcement on energy prices would have dominated the news headlines. However, for entirely understandable reasons, Prime Minister Liz Truss’s package of measures – which could cost up to £150billion – almost slipped under the radar. A typical household energy bill will be capped at £2,500 annually until […]