Labour Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/labour/ North Devon's Leading Wealth Managers Fri, 26 Jun 2026 12:28:45 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png Labour Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/labour/ 32 32 PM resigns – will uncertainty reign? https://www.miltonpj.net/2026/06/26/will-economy-improve-with-starmer-resignation/ Fri, 26 Jun 2026 12:28:43 +0000 https://www.miltonpj.net/?p=12329 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 https://www.miltonpj.net/2026/06/06/economy-grows-but-one-swallow-does-not-make-a-summer/ Sat, 06 Jun 2026 13:50:09 +0000 https://www.miltonpj.net/?p=12318 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? https://www.miltonpj.net/2026/05/14/labour-facing-change-at-the-top-amid-wobbles/ Thu, 14 May 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12302 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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]]> Oh what a show! https://www.miltonpj.net/2025/10/04/celebrations-for-pjm-and-co-40th/ Sat, 04 Oct 2025 14:44:04 +0000 https://www.miltonpj.net/?p=12023 Oh what a Circus! Oh what a Show! Philip J Milton & Company Plc has gone to Town! We were delighted to host so many of our clients, friends and staff at the celebrations at Trimstone on 20 September! Sadly we had picked the worst-weather day for ages and right after it was lovely… The […]

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]]> Stamp duty shenanigans dent confidence https://www.miltonpj.net/2025/09/11/rayner-stamp-duty-row-dents-confidence/ Thu, 11 Sep 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11997 Interesting times with politics and Stamp Duty shenanigans. They all affect investor sentiment too and confidence and upsets are not helpful. I do feel slightly sorry for Angela Rayner on this one in that one relies upon those completing the process to know what Stamp Duty to pay but of course if they were told […]

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]]> Growth, debt and the Titanic… https://www.miltonpj.net/2025/04/30/are-trump-tariffs-akin-to-titanic-moment/ Wed, 30 Apr 2025 12:08:05 +0000 https://www.miltonpj.net/?p=11803 I was reminded recently that on 14 April it was the anniversary of the Titanic hitting the iceberg, in 1912. Had it hit it head-on, it would not have sunk. Are there analogies here for President Donald Trump’s tariff announcements…? This is either the fact that 90% of the problem isn’t obvious or maybe that […]

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]]> Inflation slows but is it the calm before the storm? https://www.miltonpj.net/2025/04/23/inflation-slow-calm-before-the-storm/ Wed, 23 Apr 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11811 While the news inflation slowed in March to 2.6% is welcome and an interest rate cut is widely expected next month, it may simply be a brief glow of light to ward off the spectre of ‘stagflation’ a little longer. The recent quakes from Trump’s tariffs have subsided for now and some analysts are upbeat […]

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]]> Tariffs leave shaken shares and markets https://www.miltonpj.net/2025/04/12/markets-volatile-in-wake-of-tariffs/ Sat, 12 Apr 2025 11:37:18 +0000 https://www.miltonpj.net/?p=11774 Well, the world is still coming to terms with what has been unleashed upon it and the volatility in the financial markets as a result. Not only have shares been shaken-up but other things are not necessarily reacting as they ‘should’ and perhaps for ‘other’ reasons. I am also taking this opportunity to wish you […]

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]]> ‘Low key’ Spring Statement contained few surprises https://www.miltonpj.net/2025/04/02/spring-statement-holds-no-great-surprises/ Wed, 02 Apr 2025 09:00:00 +0000 https://www.miltonpj.net/?p=11762 The Chancellor’s Spring Statement did not contain a great deal we hadn’t already heard and no immediate prospects for economic growth. In a relatively low key affair, Rachel Reeves set out her latest update on the economy and restated plans to cut the welfare budget as well as making cuts to Government departments, as we […]

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]]> What is likely to happen in today’s Spring Statement? https://www.miltonpj.net/2025/03/26/what-will-be-in-the-spring-statement/ Wed, 26 Mar 2025 11:43:13 +0000 https://www.miltonpj.net/?p=11748 The Spring Statement is ‘not a Budget’ says the Chancellor as she prepares to unveil her plans for the UK economy in Parliament today (Wednesday). Rachel Reeves has already pledged she will not be raising taxes, saying this would only happen with ‘one financial event a year’ – the Autumn Budget but measures announced will […]

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