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UK inflation rate declines

By Jenny Procter

Download your copy here Data released by the Office for National Statistics (ONS) showed the UK inflation rate fell by more than expected in June, leading analysts to predict that interest rates are now likely to rise less sharply than previously feared. The latest inflation statistics revealed that the Consumer Prices Index (CPI) 12-month rate … Continued

Economic Review June 2023

By Jenny Procter

SFFS_Economic_Review_June_23 Download your copy here Inflation persistence forces rates higher The Bank of England (BoE) has sanctioned another hike in its benchmark interest rate after citing ‘significant upside news’ which suggests inflation is likely to take longer to fall back to the Bank’s target level. Following its latest meeting, which concluded on 21 June, the … Continued

Signs of optimism in global economy

By Jenny Procter

Download your copy here Although the global economy continues to face significant headwinds, statistics released during the first few months of this year have revealed unexpected signs of resilience. This has led economists to begin upgrading growth forecasts, while the World Economic Forum’s latest Chief Economists Outlook reported signs of ‘nascent optimism.’ Growth stronger than … Continued

May 2023 Economic Review

By Jenny Procter

Download your copy here. UK growth forecasts upgraded Revised projections released last month by both the Bank of England (BoE) and International Monetary Fund (IMF) suggest the UK economy is now set to avoid recession this year. The BoE’s latest forecast predicts the economy will grow by 0.25% across the whole of 2023, a significant … Continued

Recent signs of economic resilience

By Jenny Procter

You can download your copy here While the latest gross domestic product (GDP) statistics revealed that the UK economy stagnated in February, recent survey evidence paints a more positive picture with signs of ‘encouraging resilience’ and ‘growth momentum.’ Official data released last month by the Office for National Statistics (ONS) showed that the economy saw … Continued

Your Window on Wealth: Investor Confidence Returns – Spring 2023

By Jenny Procter

You can download this update here A recent survey1 suggests investors are becoming more confident despite ongoing challenges on the economic front. While this is certainly encouraging, maintaining a long-term outlook and retaining a strong sense of discipline in investment positioning remains a prerequisite for any successful investor.Page An air of optimism It’s fair to … Continued

Spring Budget 2023: A budget for growth

By Jenny Procter

You can download this update here Chancellor of the Exchequer, Jeremy Hunt, delivered his first Spring Budget on 15 March declaring it was “A Budget for Growth.” The fiscal update included a range of new measures, some of which had been widely trailed prior to Budget day, in order to achieve growth “by removing obstacles … Continued