On Wednesday 29th March the UK gave official notice under Article 50 of the Lisbon Treaty to start the UK/EU divorce proceedings (just in case you missed it). Since the Referendum there has been plenty of speculation about what the divorce will mean for the UK and the rest of Europe, all of it meaningless, as in our view the outcome is impossible to predict, particularly if the UK invades Spain to secure Gibraltar!
Budget Newsletter – March 2017
This Budget was Mr Hammond’s first – and last – Spring Budget. From now on Budgets will take place in Autumn and there will be a financial statement each Spring. Thus, the next Budget is probably a little over eight months away although, as 2016 revealed, much can happen even over such a brief period.
Newsletter – January 2017
Budget Newsletter – November 2016
Newsletter – October 2016
Newsletter – July 2016
Brexit Newsletter – June 2016
European referendum: remain or leave?
All investors are likely to agree that ‘Brexit’ is an ungainly word that is likely to be heard far too often in the remaining time before the European Union ‘remain/leave’ vote on 23 June. But what should voters – and investors – think? Here we make the case for both sides… and leave the ultimate decision up to you.
April Newsletter
BUDGET NEWSLETTER – MARCH 2016
This was Mr Osborne’s third Budget within the space of a year, even if you disregard the quasibudget measures announced in November’s Autumn Statement. Since last March’s preelection Budget Mr Osborne has been quietly tightening the tax screws with, for example, the revisions to dividend taxation and a new employment tax in the guise of an apprenticeship levy.