<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Labour Archives - Philip J Milton &amp; Company Plc</title>
	<atom:link href="https://www.miltonpj.net/tag/labour/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.miltonpj.net/tag/labour/</link>
	<description>North Devon&#039;s Leading Wealth Managers</description>
	<lastBuildDate>Thu, 10 Sep 2026 11:24:04 +0000</lastBuildDate>
	<language>en-GB</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.1.1</generator>

<image>
	<url>https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png</url>
	<title>Labour Archives - Philip J Milton &amp; Company Plc</title>
	<link>https://www.miltonpj.net/tag/labour/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>New bond lows</title>
		<link>https://www.miltonpj.net/2026/09/08/bond-levels-hit-new-lows/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Tue, 08 Sep 2026 08:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[government bonds]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[annuities]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[interest rates US]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[gilt bonds]]></category>
		<category><![CDATA[CGT]]></category>
		<category><![CDATA[UK stock markets]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[America]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12395</guid>

					<description><![CDATA[<p>So Lake Ontario is now to be called Lake America and so a wag has said Canada Geese are also now called Donald Ducks… oh well, let’s await developments there… the loyalists fought-back against the American invaders in the 1812 war and won and the White House was burned-down in 1814. Let’s trust they can [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2026/09/08/bond-levels-hit-new-lows/">New bond lows</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>PM resigns &#8211; will uncertainty reign?</title>
		<link>https://www.miltonpj.net/2026/06/26/will-economy-improve-with-starmer-resignation/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Fri, 26 Jun 2026 12:28:43 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[Prime Minister]]></category>
		<category><![CDATA[UK stock markets]]></category>
		<category><![CDATA[Prime Minister resigns]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[market reaction]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Keir Starmer]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[Andy Burnham]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[by-elections]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[gilt bonds]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12329</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2026/06/26/will-economy-improve-with-starmer-resignation/">PM resigns &#8211; will uncertainty reign?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Unexpected growth in economic area</title>
		<link>https://www.miltonpj.net/2026/06/06/economy-grows-but-one-swallow-does-not-make-a-summer/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Sat, 06 Jun 2026 13:50:09 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[investment fund]]></category>
		<category><![CDATA[UK stock markets]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[cost of living]]></category>
		<category><![CDATA[market reaction]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[stock charts]]></category>
		<category><![CDATA[Nvidia]]></category>
		<category><![CDATA[SpaceX]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[NFT Art]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[flotation]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[gilt bonds]]></category>
		<category><![CDATA[investment trust]]></category>
		<category><![CDATA[Philip Milton]]></category>
		<category><![CDATA[tax increases]]></category>
		<category><![CDATA[bubble burst]]></category>
		<category><![CDATA[crypto]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12318</guid>

					<description><![CDATA[<p>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, [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2026/06/06/economy-grows-but-one-swallow-does-not-make-a-summer/">Unexpected growth in economic area</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Wobbles at the top?</title>
		<link>https://www.miltonpj.net/2026/05/14/labour-facing-change-at-the-top-amid-wobbles/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Thu, 14 May 2026 08:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[investment trusts]]></category>
		<category><![CDATA[market reaction]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[citywire]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[Keir Starmer]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[passive trackers]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[space]]></category>
		<category><![CDATA[Rachel Reeves]]></category>
		<category><![CDATA[passive investing]]></category>
		<category><![CDATA[Labour Budget]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[UK stock markets]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[Trump]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[America]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12302</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2026/05/14/labour-facing-change-at-the-top-amid-wobbles/">Wobbles at the top?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Oh what a show!</title>
		<link>https://www.miltonpj.net/2025/10/04/celebrations-for-pjm-and-co-40th/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Sat, 04 Oct 2025 14:44:04 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[US Tech]]></category>
		<category><![CDATA[Nasdaq]]></category>
		<category><![CDATA[investment trusts]]></category>
		<category><![CDATA[Philip J Milton and Company Plc]]></category>
		<category><![CDATA[US stocks]]></category>
		<category><![CDATA[40th anniversary]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[Merlin]]></category>
		<category><![CDATA[financial scams]]></category>
		<category><![CDATA[value investing]]></category>
		<category><![CDATA[good advice]]></category>
		<category><![CDATA[Labour Party Conference]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[unregulated]]></category>
		<category><![CDATA[tax hikes]]></category>
		<category><![CDATA[Philip Milton Comment]]></category>
		<category><![CDATA[CGT]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[UK Autumn Budget]]></category>
		<category><![CDATA[Financial advice]]></category>
		<category><![CDATA[Rachel Reeves]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12023</guid>

					<description><![CDATA[<p>Oh what a Circus! Oh what a Show! Philip J Milton &#38; 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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/10/04/celebrations-for-pjm-and-co-40th/">Oh what a show!</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Stamp duty shenanigans dent confidence</title>
		<link>https://www.miltonpj.net/2025/09/11/rayner-stamp-duty-row-dents-confidence/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Thu, 11 Sep 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[40th anniversary]]></category>
		<category><![CDATA[investment risk]]></category>
		<category><![CDATA[stamp duty]]></category>
		<category><![CDATA[financial scams]]></category>
		<category><![CDATA[Angela Rayner]]></category>
		<category><![CDATA[good advice]]></category>
		<category><![CDATA[ESG]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[portfolios]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Kier Starmer]]></category>
		<category><![CDATA[capital gains tax]]></category>
		<category><![CDATA[gilt bonds]]></category>
		<category><![CDATA[40th celebration]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[UK Budget]]></category>
		<category><![CDATA[Inheritance Tax]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[investment trusts]]></category>
		<category><![CDATA[tax hikes]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[the Budget]]></category>
		<category><![CDATA[Labour]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11997</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/09/11/rayner-stamp-duty-row-dents-confidence/">Stamp duty shenanigans dent confidence</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Growth, debt and the Titanic&#8230;</title>
		<link>https://www.miltonpj.net/2025/04/30/are-trump-tariffs-akin-to-titanic-moment/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 30 Apr 2025 12:08:05 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[governments]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[clients]]></category>
		<category><![CDATA[uncertainty]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[non doms]]></category>
		<category><![CDATA[US shares]]></category>
		<category><![CDATA[financial advisers]]></category>
		<category><![CDATA[Dow Jones]]></category>
		<category><![CDATA[tax grab]]></category>
		<category><![CDATA[where to invest]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[higher tax]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[UK markets]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[stock exchange]]></category>
		<category><![CDATA[interest rates UK]]></category>
		<category><![CDATA[UK shares]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[volatile markets]]></category>
		<category><![CDATA[President Trump]]></category>
		<category><![CDATA[upheaval]]></category>
		<category><![CDATA[Titanic]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11803</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/30/are-trump-tariffs-akin-to-titanic-moment/">Growth, debt and the Titanic&#8230;</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Inflation slows but is it the calm before the storm?</title>
		<link>https://www.miltonpj.net/2025/04/23/inflation-slow-calm-before-the-storm/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 23 Apr 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[UK markets]]></category>
		<category><![CDATA[price increases]]></category>
		<category><![CDATA[UK shares]]></category>
		<category><![CDATA[living wage]]></category>
		<category><![CDATA[uncertainty]]></category>
		<category><![CDATA[higher tax]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[stagflation]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[calm before storm]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[government debt]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11811</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/23/inflation-slow-calm-before-the-storm/">Inflation slows but is it the calm before the storm?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>Tariffs leave shaken shares and markets</title>
		<link>https://www.miltonpj.net/2025/04/12/markets-volatile-in-wake-of-tariffs/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Sat, 12 Apr 2025 11:37:18 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[Nvidia]]></category>
		<category><![CDATA[President Trump]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[trade tariffs]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[stock exchange]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[pensions]]></category>
		<category><![CDATA[volatile markets]]></category>
		<category><![CDATA[US]]></category>
		<category><![CDATA[global markets]]></category>
		<category><![CDATA[upheaval]]></category>
		<category><![CDATA[Tariffs]]></category>
		<category><![CDATA[Tesla]]></category>
		<category><![CDATA[uncertainty]]></category>
		<category><![CDATA[trade war]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[US shares]]></category>
		<category><![CDATA[councils]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[higher tax]]></category>
		<category><![CDATA[Council Tax]]></category>
		<category><![CDATA[Dow Jones]]></category>
		<category><![CDATA[Labour government]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11774</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/12/markets-volatile-in-wake-of-tariffs/">Tariffs leave shaken shares and markets</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
		<item>
		<title>‘Low key’ Spring Statement contained few surprises</title>
		<link>https://www.miltonpj.net/2025/04/02/spring-statement-holds-no-great-surprises/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 02 Apr 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[employment levels]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[UK markets]]></category>
		<category><![CDATA[Philip J Milton]]></category>
		<category><![CDATA[public sector pay]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[chancellor Rachel Reeves]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[Market ISAs]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[Spring Statement]]></category>
		<category><![CDATA[non doms]]></category>
		<category><![CDATA[defence]]></category>
		<category><![CDATA[inheritance tax allowance]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[death duties]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11762</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/02/spring-statement-holds-no-great-surprises/">‘Low key’ Spring Statement contained few surprises</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
]]></description>
		
		
		
			</item>
	</channel>
</rss>
