Parliament Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/parliament/ North Devon's Leading Wealth Managers Tue, 31 Mar 2026 11:03:28 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.4 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png Parliament Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/parliament/ 32 32 Hunting for safe havens https://www.miltonpj.net/2026/03/25/where-are-the-safe-haven-funds/ Wed, 25 Mar 2026 10:00:00 +0000 https://www.miltonpj.net/?p=12254 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 […]

The post Hunting for safe havens appeared first on Philip J Milton & Company Plc.

]]> Some growth but inflation bites https://www.miltonpj.net/2026/01/30/small-uk-growth-but-inflation-bites/ Fri, 30 Jan 2026 09:00:00 +0000 https://www.miltonpj.net/?p=12178 It’s been good to see some economic growth with an unexpected 0.3% figure in November. Services and production rose and construction fell. The results at least counter some of the previous slippage but won’t be giving a great annualised figure regardless – but all helping.  Likewise, whilst we read a colossal 700,000 graduates are unemployed, […]

The post Some growth but inflation bites appeared first on Philip J Milton & Company Plc.

]]> Toothless Budget lacked real drive https://www.miltonpj.net/2025/12/04/toothless-budget-lacks-real-drive/ Thu, 04 Dec 2025 09:00:00 +0000 https://www.miltonpj.net/?p=12108 For readers here, the biggest pieces of good news were what she didn’t do, such as attacking pension tax-free lump sums or tax relief on contributions, no lifetime Inheritance Tax on gifts or changes to present allowances and no changes to CGT. We did our best to discourage people from taking their cash from pensions […]

The post Toothless Budget lacked real drive appeared first on Philip J Milton & Company Plc.

]]> Budget ‘black hole’ is filling with rumour if nothing else… https://www.miltonpj.net/2025/11/24/budget-rumours-swirl-amid-speculation/ Mon, 24 Nov 2025 10:00:00 +0000 https://www.miltonpj.net/?p=12091 This Wednesday, (November 26) the Chancellor will unveil her much-anticipated Autumn Budget and reveal her latest plans for filling the alleged ‘£20 billion black hole’ in the public finances. Or is it £30bn? So what will be in Rachel Reeve’s Budget and how might it affect you? That is certainly the £20billion question because, as […]

The post Budget ‘black hole’ is filling with rumour if nothing else… appeared first on Philip J Milton & Company Plc.

]]> What the Chancellor should be saying in a pre-Budget speech… https://www.miltonpj.net/2025/11/12/chancellor-gives-pre-budget-speech-joke/ Wed, 12 Nov 2025 09:00:00 +0000 https://www.miltonpj.net/?p=12096 We try not to do politics in these columns but following headlines suggesting Chancellor Rachel Reeves may well become the first to increase Income Tax in 50 years in fact (breaking manifesto pledges in the process), we had a little go at envisaging her speech before the November 26 Budget. (The following is tongue in […]

The post What the Chancellor should be saying in a pre-Budget speech… appeared first on Philip J Milton & Company Plc.

]]> A message from the Chancellor… https://www.miltonpj.net/2025/11/07/chancellor-pre-budget-speech/ Fri, 07 Nov 2025 17:30:00 +0000 https://www.miltonpj.net/?p=12068 Good afternoon. I have just returned from a relaxing and much-needed break which took us to bustling Hungary, Slovakia and Austria. Yes, I took the computer though the inbox defied my occasional review so apologies if you are still awaiting my reply! I returned to an unexpected speech from our Chancellor. I should like to […]

The post A message from the Chancellor… appeared first on Philip J Milton & Company Plc.

]]> UK growth pains, our 40th and testimonials https://www.miltonpj.net/2025/09/19/uk-growth-struggles-as-chancellor-does/ Fri, 19 Sep 2025 09:00:00 +0000 https://www.miltonpj.net/?p=12009 Oh dear, so the latest UK economics’ figures for the month suggest there was zero growth (and also August’s government borrowing was higher than expected as well). As I have shared before, chancellors pre-spend their projection of economic growth’s increased tax revenues so when it doesn’t happen… and the flip side is then more people […]

The post UK growth pains, our 40th and testimonials appeared first on Philip J Milton & Company Plc.

]]> 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 […]

The post Stamp duty shenanigans dent confidence appeared first on Philip J Milton & Company Plc.

]]> Savings, tax and stocks to hold? https://www.miltonpj.net/2025/09/08/savings-tax-and-what-stocks-should-you-hold/ Mon, 08 Sep 2025 13:38:45 +0000 https://www.miltonpj.net/?p=11985 Last week we were greeted with even higher inflation figures, apparently fuelled by higher aviation costs though primarily the problem remains reaction to the Government’s increases in Minimum Wage, National Insurance and other business costs and taxes. Curiously, at the same time the cost of oil and gas has been very weak but not filtering-through […]

The post Savings, tax and stocks to hold? appeared first on Philip J Milton & Company Plc.

]]> ‘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 […]

The post ‘Low key’ Spring Statement contained few surprises appeared first on Philip J Milton & Company Plc.

]]>