interest rates UK Archives - Philip J Milton & Company Plc

Economic growth and a little calm

Philip J Milton & Company Plc — Wed, 26 Aug 2026 11:55:22 +0000

Have been listening to this strange noise outside today – the pattering of much-needed rain. I appreciate if you are on holiday here it’s not so good but the ground needs it desperately so please forgive us! Pleasing to see the latest Quarter’s economic growth rate at 0.4%. It is still lower than it should […]

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FTSE flies but what’s inside?

Philip J Milton & Company Plc — Mon, 03 Aug 2026 08:00:00 +0000

Welcome to a new all-time high for the FTSE100. Remember, it’s just a number and it’s the contents which are important and what are powering the underlying indices. Banks have been very strong (Lloyds’ results yesterday saw the shares at their highest since 2009) and now Rolls Royce is a major component too. Oils are […]

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The good, the bad and SpaceX

Philip J Milton & Company Plc — Sat, 18 Jul 2026 09:00:00 +0000

Some news’ improvement amongst the negative developments in the Middle East (again) – US inflation went down to 3.5%, somewhat unexpectedly. That should give some respite in interest rates and the strength of the Dollar. Meantime, here at home our economy grew by 0.1%, led by services. It’s not much and it is primarily a […]

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PM resigns – will uncertainty reign?

Philip J Milton & Company Plc — Fri, 26 Jun 2026 12:28:43 +0000

Goodbye Sir Keir, hello tomorrow. Sadly, I fear he won’t be missed greatly and with negligible legacy to remember though we must recognise that any such change creates opportunity for uncertainty. It may seem that a certain new MP is crowned without competition. We can then only hope he will have better economics than the […]

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Unexpected growth in economic area

Philip J Milton & Company Plc — Sat, 06 Jun 2026 13:50:09 +0000

Shockingly (as we weren’t expecting it!) but the economy grew 0.6% in the first quarter – not quite sure how! Apparently, it was ‘services’ primarily. So, the extra 0.1% over what was expected is being headlined by the Government as wonderful news but sadly one swallow does not a summer make. On the same day, […]

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Wobbles at the top?

Philip J Milton & Company Plc — Thu, 14 May 2026 08:00:00 +0000

Well, potentially all change at the top. I remembered this quotation from a more contrite and accommodating man during the now old 2020 Labour leadership election. “When they [CPS staff] made mistakes, I carried the can. I never turn on my staff and you should never turn on your staff. I will carry the can […]

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Markets, US highs and ongoing uncertainty

Philip J Milton & Company Plc — Wed, 06 May 2026 16:36:29 +0000

Just for a change, it is very difficult to interpret what is happening at the moment and to note the effects on markets. I say that tongue in cheek as of course, it is always difficult and when it appears that it isn’t, that is when complacency can preface an upset, so beware! The US […]

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Market chaos silver lining

Philip J Milton & Company Plc — Sat, 18 Apr 2026 09:00:00 +0000

Good afternoon. Early days but the agreement to a ceasefire was much welcomed by the markets. It is an odd world when sometimes you are grateful that some of your assets fall in price, because they were the hedges against other things you have been holding. So, when oil and energy stocks slumped last Wednesday […]

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Global uncertainty but spring is here

Philip J Milton & Company Plc — Sat, 04 Apr 2026 11:55:58 +0000

Welcome to spring and longer days (with all the clocks springing forward too). It’s always lovely to see new life bursting forth, oblivious to everything else happening in the world and ever was it thus. In this we have something to appreciate, regardless of all the geopolitical traumas or indeed personal afflictions which may be […]

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Hunting for safe havens

Philip J Milton & Company Plc — Wed, 25 Mar 2026 10:00:00 +0000

Where are all the safe havens? As the markets slip, even gold and silver fall (though as I have kept saying, they have been too dear anyway and ‘alternative safety’ assets need always to be cheap to start). Not that we’re chartists but the charts for those two have boded very badly indeed. We have […]

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