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.
This month will see Rishi Sunak the new Chancellor of the Exchequer deliver his first budget since being installed as chancellor following Said Javid’s shock resignation. Mr Sunuk is widely believed to be under intense pressure from the Prime Minister and his chief adviser, Dominic Cummings, to loosen the Treasury Purse strings so we are all eager to see what happens on Wednesday 11th March.
In March’s review we look at data from the UK and how it performed in 2019. We also explore the potential impact of Coronavirus on any future recovery. 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:
- Think-tanks issue budget warning
- Coronavirus dents recovery hopes
- Pay back at pre-crash levels
- Inflation at six-month high
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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.