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.
On the 31st January the UK officially left the EU and it is now embarking on an 11-month transition period during which formal trade negotiations will take place. In this month’s economic review we reflect on the last 1,317 days and what lies ahead for the UK. We look at data from the UK which indicates sluggish growth but some more positive data last month from the UK Purchasing Managers’ Index. Finally we look at Interest Rates, Inflation and International Market performance.
Our update this month includes the following headlines:
- Brexit Delivered?
- Business Sentiment Improving
- Inflation Fall; Rates on hold
- Budget date announced
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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.