Following the UK economy over the last couple of years has been like following the England football team’s journey to the knockout stages of Euro ’24. Having played a safety-first,…
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Last week that we learned the date of the General Election and that inflation is even stickier than expected. However, the big news was that the capital markets function of…
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Last time, we reviewed the macro trends for Q1 2024. We noted rising bond yields, dollar and commodity prices driven higher by a stronger than expected US economy, and a…
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In a global context, UK equities remained sluggish in Q1 2024, with domestic indices showing low single-digit changes compared to high single-digit or low double-digit gains for indices in the…
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The UK Budget Speech dominated last week’s financial headlines. Yet, given Jeremy Hunt’s fiscal constraints and the proximity of an unwinnable election, it was more about setting traps for the…
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