Ear to the Ground
Not a week seems to go by where inflation isn’t in the headlines. This week we saw the release of the latest figures for the UK, with CPI coming in at 9.1%, in line with expectations. Under the bonnet, the rate of inflation was higher across most categories, in particular housing & utilities, transport and food & non-alcoholic beverages.
The squeeze on disposable income is certainly having ramifications.
Ear to the Ground
There are some weeks when news and events come thick and fast and this has most certainly been one of them. Central banks were once again at the fore, with a number of them holding meetings this week. The US Federal Reserve were
Ear to the Ground
This week could potentially best be described as a week of confirmation. The increase in the cost of living has, for a number of months, been expected to have a detrimental impact on economic growth and we have started to see than come through in economic forecasts.
Monthly Update 31/05/2022
Monthly Update31 May 2022 May was a difficult month for equity markets to make any headway. Within the UK it was large caps which continued to lead the market, with continued high commodity and energy costs being a positive for oil majors and miners. These sectors carry material weightings in the index. UK mid and […]
Monthly Update 31/05/2022
Monthly Update31 May 2022 The Fund rose 1.25% during May, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.51%. It is also ahead over the year to date, with growth of 2.99% since the turn of the year, compared […]
Ear to the Ground
Economic data has been on the quieter side this week relative to the recent barrage which we have had over recent weeks. Wednesday did however see the release of the latest US Federal Reserve minutes. There was nothing really new
Ear to the Ground
Inflation again took centre stage in the UK this week, with the annual CPI inflation rate jumping to 9% in April, the highest level since 1982. Month on month inflation rose by 2.5%, with the key contributor being housing and household services, with cost of renting, mortgages and household bills all on the rise.
Ear to the Ground
This week saw the release of preliminary of GDP figures for the UK. We saw growth of 0.8% growth quarter on quarter, supported by an increase in demand for services, manufacturing and household consumption. Growth was behind…
Ear to the Ground
Central banks were back in the limelight this week. Sound familiar? On Thursday the Bank of England raised the base rate by 0.25% to 1%, in line with market expectations. This was the 4th consecutive…
Monthly Update 30/04/2022
Monthly Update30 April 2022 The Fund fell 0.06% in April, whilst its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, rose by 0.44%. Year to date the Fund is on a par with its performance comparator with rises of 1.72% and 1.76% respectively. The Fund […]
