Our monthly Economic Review is intended to provide background to recent developments in investment markets. The bulletin also gives an indication of how some key issues could impact in the future.
The Bank of England (BoE) sanctioned two emergency rate cuts during March in a bid to address the impact of the COVID-19 pandemic, leaving interest rates at a historic low of 0.1%.
In April’s review we look at data from the UK and how the impact of COVID-19 is effecting the economy. As always in our economic review, we will give you an update on the markets, economic growth and inflation.
Our update this month includes the following headlines:
- Rates cut to record low
- Economy facing unprecedented shock
- Inflation expected to fall
- Retailers fear sales slump
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Click on the link below to read our latest review now.
It is important to take professional advice before making any decision relating to your personal finances. Information within this newsletter is based on our current understanding of taxation and can be subject to change in future. It does not provide individual tailored investment advice and is for guidance only.