Economic Review March 2021

BoE: Outlook ‘unusually uncertain’ The Bank of England (BoE) has expressed growing confidence that a near-term recovery is gathering pace, although policymakers appear split over the country’s longer-term economic prospects. Gross domestic product (GDP) figures released by the Office for National Statistics (ONS) showed the UK economy shrank by 2.9% in January as the third … Continue reading “Economic Review March 2021”

Economic Review February 2021

UK economy poised for recovery Although the latest gross domestic product (GDP) statistics revealed the UK suffered a record slump in 2020, there are now growing hopes the economy is on the cusp of recovery. Figures published by the Office for National Statistics (ONS), showed the UK endured a record fall in output last year … Continue reading “Economic Review February 2021”

Economic Review December 2020

Brexit trade talks Following a gruelling nine-month negotiation process, the UK and EU finally agreed and signed a post-Brexit trade deal just a day before the transition period ended. Although the UK officially left the EU on 31 January 2020, trade had continued on the same basis during the 11-month transition period. The two entities … Continue reading “Economic Review December 2020”

Economic Review November 2020

Spending Review Chancellor Rishi Sunak has announced government spending plans for the coming 12 months as part of his Spending Review, delivered to the House of Commons on 25 November. During his statement, Mr Sunak said the government had already spent £280bn supporting the economy through the pandemic and pledged a further £55bn over the … Continue reading “Economic Review November 2020”

Economic Review October 2020

UK recovery slows The latest gross domestic product (GDP) statistics show that, while the UK recovery did continue in August, the pace of growth has slowed and output still remains significantly below pre-coronavirus levels. Data published by the Office for National Statistics (ONS) revealed the UK economy grew by 2.1% in August. A significant proportion … Continue reading “Economic Review October 2020”

Economic Review September 2020

Lockdown recovery fears Although the latest gross domestic product (GDP) statistics confirm the UK economy staged a recovery over the summer months, there are growing fears that tighter coronavirus restrictions will inevitably hit future growth prospects. Official data released by the Office for National Statistics (ONS) showed the UK economy grew by 6.6% in July. … Continue reading “Economic Review September 2020”

Economic Review August 2020

FASTER REBOUND; SLOWER RECOVERY As recent economic statistics confirm the UK officially entered recession, Bank of England (BoE) forecasts suggest the slump will be less severe than previously thought, but the ensuing recovery is likely to take longer. Data released by the Office for National Statistics (ONS) showed the economy shrank by 20.4% between April … Continue reading “Economic Review August 2020”

Economic Review of July 2020

UK Economy Recovering Although recent data has confirmed that the UK economy is recovering from its coronavirus lockdown slump, the longer-term outlook (unsurprisingly) remains decidedly unclear. Official data released by the Office for National Statistics (ONS) showed that the UK economy grew by 1.8% in May, following April’s record 20.3% contraction. While this modest rebound … Continue reading “Economic Review of July 2020”

Economic review – June 2020

‘New Deal’ to boost economy The Prime Minister has set out government plans to deliver a post-lockdown economic recovery, with a promise to accelerate £5bn worth of spending pledges on a range of infrastructure projects across the country. During a speech delivered at the Dudley College of Technology on 30 June, Mr Johnson promised to … Continue reading “Economic review – June 2020”

Investment Risk and Volatility – Keep Calm

If you’re new to stock market investment, adjusting to a world where stock prices can rise and fall, often by a wide margin on just one day, can take a bit of getting used to and volatile markets can feel like an unsettling roller-coaster ride. So, what is the key to managing your investment portfolio … Continue reading “Investment Risk and Volatility – Keep Calm”