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 a 15-basis-point increase in its main interest rate on 16 December and warned that inflation is now likely to hit 6% by spring.
In our economic update this month we look at the inflation figures in more detail and the comments by the Bank of England governor which indicates his thoughts that this is now a medium rather than a short term problem. We then look at the UK’s growth prospects both past, present and future. Our market update is next which looks at markets across the globe. Finally we look at the resilient labour market in the UK and the effect of Omicron on the retail sector.
Our update this month includes the following headlines:
- Bank sanctions December rate rise
- UK growth rate stutters
- Labour market remains resilient
- Omicron hits retail sector
If you would like to be sent our monthly review regularly via email, please complete our form on our contacts page.
Click on the link below to download the 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.