Our monthly economic review is intended to provide background to recent developments in
investment markets as well as to give an indication of how some key issues could impact in the future.
It is not intended that individual investment decisions should be taken based on this information; we are
always ready to discuss your individual requirements. We hope you will find this review to be of interest.
SFFS Economic Review_November 17
BUILDING A BRITAIN FIT FOR THE FUTURE
In Philip Hammond’s first Autumn Budget, the second Budget of 2017, the Chancellor of the Exchequer promised that his Government would, invest to secure a bright future for Britain.
Set amid a backdrop of political and economic constraints, and with Brexit negotiations at a critical phase, the Conservatives are under intense pressure. The abolition of stamp duty for most first-time buyers and an array of other housing measures were prominent announcements.
SFFS Simply Wealth Autumn Budget_November 17
Simply Wealth…Your window on financial matters.
We address topical pension issues for women and the road ahead for pensions, as well as some news on Inheritance Tax.
To view the magazine click here.
Our monthly economic review is intended to provide background to recent developments in investment markets as well as to give an indication of how some key issues could impact in the future.
It is not intended that individual investment decisions should be taken based on this information; we are always ready to discuss your individual requirements. We hope you will find this review to be of interest.
BANK OF ENGLAND IN RATE RISE HINT
The Bank of England (BoE) has signalled that the UK’s first interest rate hike in more than a decade may be fast approaching.
While the minutes of the latest Monetary Policy Committee (MPC) meeting on 13 September showed a 7-2 majority in favour of keeping rates on hold at 0.25%, they also included new guidance indicating a readiness to increase rates in the coming months if price pressures continue to grow as expected. BoE Governor, Mark Carney reinforced this hawkish message saying the possibility of a rise in interest rates had “definitely increased”.
What a fantastic day at Carsington Water. Four local charities, Valley Cids, The MS Society, Children’s First Derby and Nottinghamshire Hospice all working together from across the region, with local businesses in support through a fantastic business network BNI.
£400 in total raised for these fantastic charities as well as great camaraderie from local businesses and families alike.
Sheldon Flanders are looking forward to supporting the next event
