interest rates UK Archives - Philip J Milton & Company Plc

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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Uncertainty as US attacks Iran

Philip J Milton & Company Plc — Tue, 03 Mar 2026 17:54:42 +0000

So, early Saturday we awoke to news that bombings had taken place in Iran and the inevitable retaliation as a consequence. The weekend oil price jumped significantly and the world waits to digest the consequences. It is too early to predict outcomes but the hope will be for a short, sharp shock and a return […]

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Dollar doldrums and silver surfing

Philip J Milton & Company Plc — Fri, 13 Feb 2026 11:45:45 +0000

Quietly and gently and perhaps almost unnoticed, the US Dollar had been seeing a drift downhill before strengthening again over last week. Against Sterling it has now been the lowest since September 2021, having fallen by over 26% since the Pound’s trough in July 2022. We are not so unhappy as we have currency in […]

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Silver prices surge

Philip J Milton & Company Plc — Thu, 15 Jan 2026 09:00:00 +0000

I am still reeling from Silver’s 130% increase in 2025. Gold was a mere 53%. And yes, it has continued – £1,000 of silver on 1/1/25 is now £2,960 – I am becoming speechless. We have trimmed some of ours but still hold over £3million but as noted, we can’t hold it any longer as […]

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Happy New Year for farmers

Philip J Milton & Company Plc — Tue, 06 Jan 2026 10:00:00 +0000

A Happy New Year. I hope that your celebrations of all Christmas really means was good and joyful and that you have seen-in the New Year with relish! Already the days are opening-out and spring, albeit very cold, is daring to peek through the wintry gloom. What a nice Christmas present for ‘farmers’ with the […]

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