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	<title>UK economy Archives - Philip J Milton &amp; Company Plc</title>
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	<title>UK economy Archives - Philip J Milton &amp; Company Plc</title>
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		<title>Is the economy in good hands?</title>
		<link>https://www.miltonpj.net/2025/12/18/is-the-economy-in-good-hands/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Thu, 18 Dec 2025 10:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[Budget Day]]></category>
		<category><![CDATA[investment trusts]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
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		<category><![CDATA[budget reaction]]></category>
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		<category><![CDATA[Budget advice]]></category>
		<category><![CDATA[investing. JP Morgan]]></category>
		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[tax hikes]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=12122</guid>

					<description><![CDATA[<p>So we enter a new era with Labour ‘less trusted on the economy than Liz Truss’ Conservatives according to the last YouGov Poll. Indeed, the descent of the Labour dream seems to have been as sharp as the fall in YouGov’s share price now somewhat sorry for itself too and like Labour’s fortunes.  I predict [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/12/18/is-the-economy-in-good-hands/">Is the economy in good hands?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>A message from the Chancellor&#8230;</title>
		<link>https://www.miltonpj.net/2025/11/07/chancellor-pre-budget-speech/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Fri, 07 Nov 2025 17:30:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[chancellor]]></category>
		<category><![CDATA[the Budget]]></category>
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		<category><![CDATA[autumn Budget]]></category>
		<category><![CDATA[pre budget advice]]></category>
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		<guid isPermaLink="false">https://www.miltonpj.net/?p=12068</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/11/07/chancellor-pre-budget-speech/">A message from the Chancellor&#8230;</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>Our 40th and great numbers</title>
		<link>https://www.miltonpj.net/2025/08/21/celebrating-our-40th-anniversary-good-numbers/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Thu, 21 Aug 2025 09:00:00 +0000</pubDate>
				<category><![CDATA[Philip's Comments]]></category>
		<category><![CDATA[celebrating]]></category>
		<category><![CDATA[anniversary]]></category>
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		<category><![CDATA[1985]]></category>
		<category><![CDATA[record wealth]]></category>
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		<category><![CDATA[Stocks and Shares ISA]]></category>
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		<category><![CDATA[40 maxims]]></category>
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		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[Trump]]></category>
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		<category><![CDATA[investor]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[40th anniversary]]></category>
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		<guid isPermaLink="false">https://www.miltonpj.net/?p=11973</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/08/21/celebrating-our-40th-anniversary-good-numbers/">Our 40th and great numbers</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<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[UK shares]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[volatile markets]]></category>
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		<category><![CDATA[upheaval]]></category>
		<category><![CDATA[Titanic]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[governments]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[clients]]></category>
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		<category><![CDATA[financial advisers]]></category>
		<category><![CDATA[Dow Jones]]></category>
		<category><![CDATA[tax grab]]></category>
		<category><![CDATA[where to invest]]></category>
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		<category><![CDATA[higher tax]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[UK markets]]></category>
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		<category><![CDATA[interest rates UK]]></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>
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		<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[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>
		<category><![CDATA[UK markets]]></category>
		<category><![CDATA[price increases]]></category>
		<category><![CDATA[UK shares]]></category>
		<category><![CDATA[living wage]]></category>
		<category><![CDATA[uncertainty]]></category>
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		<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>
		<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>
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		<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[Council Tax]]></category>
		<category><![CDATA[Dow Jones]]></category>
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		<category><![CDATA[EU]]></category>
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		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[Nvidia]]></category>
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		<category><![CDATA[Labour]]></category>
		<category><![CDATA[trade tariffs]]></category>
		<category><![CDATA[Philip J Milton]]></category>
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		<category><![CDATA[China]]></category>
		<category><![CDATA[pensions]]></category>
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		<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>
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		<category><![CDATA[commodities]]></category>
		<category><![CDATA[higher tax]]></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>
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		<title>Trump tariffs &#8211; don&#8217;t panic</title>
		<link>https://www.miltonpj.net/2025/04/04/trump-tariffs-hit-markets-hard-dont-panic/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Fri, 04 Apr 2025 15:33:11 +0000</pubDate>
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		<category><![CDATA[Philip J Milton comment]]></category>
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		<category><![CDATA[shares fall]]></category>
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		<guid isPermaLink="false">https://www.miltonpj.net/?p=11766</guid>

					<description><![CDATA[<p>This is not long after my last missive but clearly President Trump’s tariffs are creating temporary havoc. However, it is very disconcerting and especially when a whole year’s ‘normal’ returns for investors can be wiped out in just a day’s movement on a market. No-one alive has faced tariff announcements of this nature. The last [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/04/trump-tariffs-hit-markets-hard-dont-panic/">Trump tariffs &#8211; don&#8217;t panic</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<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>
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		<category><![CDATA[chancellor Rachel Reeves]]></category>
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		<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>
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		<title>Days left to make ISA and Pension contributions before Financial Year ends</title>
		<link>https://www.miltonpj.net/2025/04/01/financial-year-tax-deadline-2025-looms/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Tue, 01 Apr 2025 15:41:14 +0000</pubDate>
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		<guid isPermaLink="false">https://www.miltonpj.net/?p=11753</guid>

					<description><![CDATA[<p>So the dearly departed are coming to the rescue of the Chancellor, as Inheritance Tax receipts for the period from April 2024 to February 2025 topped £7.6billion and that is before the swingeing increases in the Autumn Statement where these death duties will affect pensions and businesses too.     The figure is projected to grow another [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/04/01/financial-year-tax-deadline-2025-looms/">Days left to make ISA and Pension contributions before Financial Year ends</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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		<title>What is likely to happen in today’s Spring Statement?</title>
		<link>https://www.miltonpj.net/2025/03/26/what-will-be-in-the-spring-statement/</link>
		
		<dc:creator><![CDATA[Philip J Milton &#38; Company Plc]]></dc:creator>
		<pubDate>Wed, 26 Mar 2025 11:43:13 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[Labour]]></category>
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		<category><![CDATA[civil service cuts]]></category>
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		<category><![CDATA[fiscal drag]]></category>
		<category><![CDATA[Bank of England]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11748</guid>

					<description><![CDATA[<p>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 [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/03/26/what-will-be-in-the-spring-statement/">What is likely to happen in today’s Spring Statement?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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