Philip J Milton Archives - Philip J Milton & Company Plc

Our 40th and great numbers

The UK Economy grew by 0.3% in the first quarter – which is good news though some of it is clawing-back losses from before. However, the underlying trend shows very little improvement and as noted last time, the general employment situation is worsening. In a nutshell (and stating the obvious), the more unemployed and the...

Rates cut, our 40th and Afternoon Tea

So the FCA is issuing a hefty fine of £46million on Mr Neil Woodford and his Company. He is being banned from senior management roles and managing funds for private individuals – ouch. He is appealing (or perhaps to the FCA (which is also investigating his latest unregulated investment tipping activities) is that he...

Car finance, compensation & comedy

Good afternoon. Interesting news for car finance companies over the weekend as compensation will be far more limited than worst fears. It is not as if users did not know what they were going to pay for their car loan, so I am all rather cynical of this - as I was with the...

Raising tax without result

It seems this Government is being the most successful at raising the rates of tax yet collecting less cash as a result – and doing untold harm to the economy as well as consumer and business confidence the same time. No, this isn’t political comment; it’s simply financially factual. Whatever one’s politics and no, it’s...

Chancellor tears but not for us

So, very unconvincingly the Prime Minister supporting the Chancellor’s dire financial announcements brought the wrong sort of tears to her eyes, promptly seeing the cost of long-term UK Government debt rise by a whopping 5% and Sterling losing a cent instantly. Fortunately that was short-lived but we’re still paying far more than at the...

Inflation remains stubborn

So, inflation remain stubbornly high at 3.4% despite people not feeling especially confident about spending. So much of our outgoings now go towards ‘tax’ of course and we don’t have any control over that (but government does)… So businesses and organisations are obliged to increase their prices to cover increased costs (especially employment but...

Happy Father’s Day and advice

Happy Father’s Day for Sunday, to all the fathers out there… this year, Citywire was keen to run a piece on fathers and sons working together and we were selected. It is published here… Father’s Day: How Philip and Felix Milton run a firm together so you can read all about how we addressed...

Trump/Musk split but record wealth levels for us

What strange times we enjoy. Elon Musk and President Trump seem to have fallen-out (it was only a matter of time perhaps?) and all Musk entities are threatened with financial consequences and Tesla falls by the most in one day… we don’t have any or funds which hold them, so we can look-on from...

Crisis, what crisis? All good here!

Before anything else, have a really lovely Bank Holiday weekend. I shall be helping at Braunton Fair on Monday and catching-up tomorrow… Crisis? What crisis? Could be the question our investors pose about the recent Trumpian-created volatility as we seemed to sail-through unscathed and emerging from the other side seemingly in better shape than when...

Market news and investment

Meta and Microsoft both topped analysts’ expectations for latest quarter’s results at the same time the US economy suffered a regression of 0.3% in the first quarter’s ‘growth’ – apparently nothing whatsoever to do with President Trump of course and his actions of late. Gold has come-off its top – an over-extended spike it might...

Our 40th and great numbers

Rates cut, our 40th and Afternoon Tea

Car finance, compensation & comedy

Raising tax without result

Chancellor tears but not for us

Inflation remains stubborn

Happy Father’s Day and advice

Trump/Musk split but record wealth levels for us

Crisis, what crisis? All good here!

Market news and investment

Risk Warning

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Philip J Milton & Company Plc

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