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.
As lockdown restrictions ease, in our economic review this month we can report on some good news in a range of areas within the UK. The UK economy is showing more positive signs than expected of a strong recovery. Although there has been a dip in the rate of employment, the labour market is broadly stable. With the FTSE 100 breaching the 7,000 point marker for the first time in 15 months in mid-April and a retail sales surge, there is a lot to be positive about as we move closer to summer.
Our update this month includes the following headlines:
- Stronger recovery predicted
- Labour market ‘broadly stable’
- Borrowing hits peacetime 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.