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.
As the first quarter of 2023 draws to a close, it’s time to take stock of the markets and see if a strong technology sector has managed to offset the troubles that have hit the banking sector.
FTSE 100 tumbled by more than 3% amid the collapse of Silicon Valley Bank and the acquisition of Credit Suisse by UBS. CIO Peter Lowman reassures investors that nerves are settling.
Following a strong start to the year, volatility has returned to both stocks and bond markets. Upcoming events will be key in determining whether what lies ahead will be more bullish… or more bearish.
What recession? Nearly two months into 2023, the economy is looking fairly resilient and is even surprising us. Geopolitically, meanwhile, the rift between the world’s two remaining superpowers is worsening.
Evidence suggests that inflation has peaked, oil prices are down by around 40% from last year’s highs, and it is looking increasingly as though 13 October 2022 was when the markets bottomed out.
Following a traumatic 2022, the first Lowdown of the year finally brings some good news for investors… China reopened and the FTSE 100 Index hit its highest level for nearly five years.
