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.
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.
In our economic review this month we run through the final stages of the talks and the initial reaction from business. We review the Bank of England’s comments during its last meeting of the year. We look at how markets performed in 2020, along with unemployment and inflation data during the ongoing Covid Crisis.
Our update this month includes the following headlines:
- Brexit trade talks
- Economy ‘unusually uncertain’
- Redundancies hit record high
- Inflation drops sharply
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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.