The benign conditions enjoyed by financial markets in the 18 months since the depths of the pandemic were well and truly shattered in the first quarter of 2022, , i.e. ‘Q1’, driven by two (2) powerful shocks, both largely unexpected and each with huge consequences globally: Russia’s invasion of Ukraine and the United States Federal Reserved, i.e. ‘the Fed’, very sharp hawkish shift in policy. The immediate consequences of the war produced surges in energy prices and further disruptions to key commodity markets and supply chains, adding to the damage inflicted by the pandemic. But away from commodities, there were few markets that could withstand the heightened risk of a significant slowdown in global growth and much higher interest rates than anticipated only a few months earlier.
Holyrood Asset Management smart money – March/April 2022
Welcome to our latest edition. Inside, we look at why now is the time to make sure you protect your wealth.
Holyrood Asset Management smart money – January/February 2022
Welcome to our latest edition. Inside, we look at New Year’s tax saving resolutions to make sure you are fully utilising your relevant tax planning opportunities.
ad+ financial smart money – November/December 2021
Welcome to our latest edition. This issue was written prior to the Chancellor of the Exchequer, Rishi Sunak, presenting the second United Kingdom (UK) Budget of 2021 on Wednesday 27 October. We will look at the key announcements included in the Chancellor’s red box in the next issue.
United Kingdom (UK) Autumn Budget 2021
Chancellor Rishi Sunak has delivered his UK Autumn Budget 2021, in which he announced a series of measures that aim to strike a balance between ‘preparing for a new economy post-Covid’ and ensuring household wallets are not unduly squeezed by rising prices.