Labour have won the 2024 UK General Election with a significant majority – gaining over 400 seats and an estimated 35% of the vote. From taxes and pensions to how the stock market has reacted, here’s what a new Labour government could mean for you and your money.
2023 has seen significant movement in global financial markets, with AI stock surges, a banking crisis, and relentless interest rate hikes leading to a rollercoaster ride for investors. IQ’s CIO provides a summary at the halfway point of the year.
The UK experiences rising interest rates, while the US takes a pause. UK households face increasing pressure as mortgage costs continue to rise. Eurozone recession worries loom while AI shapes Wall Street's potential bull market, offering opportunities and risks.
Wall Street thrills with record-breaking stock market gains, while China's economic recovery falters. Amidst the chaos, the tech sector stages a remarkable comeback, fuelled by AI advancements.
Wall Street, European, and Japanese stock markets are exceeding growth expectations, with the AI boom playing a significant role in Wall Street's remarkable resilience. UK April inflation has dropped to a single digit.
Financial markets have defied all odds over the first four months of the year, successfully withstanding interest rate hikes, stubbornly high inflation and a banking crisis in the US.
Geopolitical tensions between Beijing and Washington are threatening to derail the global recovery, despite encouraging inflation figures in the US. In the UK, meanwhile, inflation is proving somewhat more stubborn.
