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Client Update - 14th November 2025
Sir Keir Starmer is nervously looking over his shoulder. A huge majority 18 months ago has turned quickly into contempt and disillusionment. These days, a Prime Minister is not safe in power. Baroness Thatcher’s dramatic downfall defined a new era where party leaders and even Prime Ministers could not safely assume they could remain in post in almost any circumstances. After her departure, a system whereby Tory MPs can register their lack of confidence in the party leader was
19 minutes ago
Client Update - 7th November 2025
The chancellor’s speech on Tuesday was a strange thing indeed. Emergency speeches in the early hours of the day are normally reserved for resignations or drastic news – sadly, we got neither. Having considered her intentions over the last few days, it seems more likely that she was talking to the markets rather than the general public, to smooth concerns that she has no plan. As I have written previously, UK Gilt yields remain high, therefore the cost of maintaining our almos
Nov 7
Client Update - 31st October 2025
No Halloween jokes needed, as this week I must revert to a familiar supernatural force – that of US President Donald Trump. The trade “conflict” between the US and China has caused market volatility to increase in recent weeks, so if we are to believe the news this week, any improvement in this relationship is good news for clients’ portfolios. As I write on Thursday, President Trump and Chinese Premier Xi Jinping have agreed to postpone export controls on rare earths and com
Oct 31
Client Update - 24th October 2025
Now, a break from the norm, as it is all getting a bit depressing. If you wish for further depression, I will revert to the budget and economy later in this email. As the world looks for ways to curb biodiversity loss, new financial tools are being developed to fund the preservation and restoration of ecosystems. I imagine my compliance department would ask me to point out here that this is a news article and not financial advice for a new investment! The latest example is in
Oct 24
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