Prime Minister resigns
I feel I can’t keep sending ‘emergency’ eshots as things are changing so fast and the consequences and implications will take some time to digest by ‘everyone and everything’.It was sad to see the Prime Minister resign today. I don’t say that in any other way than criticism at the behaviour and reactions and...
Death by a thousand cuts
Volatility has been unrelenting. Contrary to our media’s interpretation too, it’s not just ‘us’ and the whole world’s meltdown these last few weeks is not all because of our Mini Budget where only two small unannounced tax cuts were made, if we ignore bringing forward one year Rishi’s promised 1p off the Basic Rate...
Government turnaround and market opportunities
Well, economics and turnarounds where the Government would be lambasted whatever it did. However, the reversal of the 5% tax cut is purely political as the suggested £0.6-£2billion it raises is a tiny sum of the total tax take HMRC collected last year of £716billion.As an economist and not a politician speaking, I still...
How will the Mini Budget affect your finances?
Markets? We are holding our own reasonably though Mini Budget week was savage and the negativity is continuing. Our hedging Dollar assets rose in Sterling terms and so many ‘value’ equities now are exceedingly attractive, with high dividend incomes.Do we trim some of our Defensive Dollar-based assets now? Growth areas were hit hardest –...
Farewell Your Majesty
Sad loss of our Queen
What a very sad day on Thursday. We shall all miss our lovely Queen Elizabeth and our thoughts and prayers go out to her Family and especially for King Charles III with new role and responsibilities.
Rest well Ma'am. There has never been a world leader, politician, businessman or religious person who has held such...
Latest in the Blue Planet saga
Shark-infested financial waters
Happy birthday to me, happy birthday to me… I’ve passed the 37th anniversary of sitting in my tiny home office in Georgeham wondering ‘what had I done’… however, those thoughts didn’t last too long, even with numerous trials and tribulations since! There are no regrets and indeed, some of those first clients are still...
Yet another Blue Planet letter
Dear Client and friendsI am immensely angry that despite warnings to the Trust in regard to the use of data from regulatory disclosures, many clients have received a second letter from Blue Planet. I wanted to assure clients that they have to do nothing as a consequence. Again I must issue a full letter...