First an apology for the length of this update. The budget in the UK has had to share the limelight with US banking casualties and the near collapse of a Swiss banking behemoth, so this newsletter aims to consider all these issues, but we hope...
If you are going to remove a Band-Aid, the best approach is very often to rip it off quickly, rather than tentatively easing it off. Sure, it might make your eyes water, but the discomfort is seldom long-lasting and certainly more palatable than prolonged discomfort. This...
Since we published our last update at the end of September it has been quite a tumultuous few weeks for investors. And it is not just shareholders that have had frayed nerves. Sterling has been hammered and safety-first investments like gilts, have been far from...
Note: Since this note was written, the International Monetary Fund (IMF) has openly criticised the tenor and content of last week’s budget. Whether this leads to any kind of moderation is unclear but in IMF terms, this was a blunt message. We will know more...
This will be a familiar term to any parent taking a young family on a long car journey. In the 1970s on the backseat of a hot, cloying Ford Cortina, I remember my own brother asking the very same question as we embarked on a...
It has been a few weeks since our last update and during that time financial markets have continued to gyrate. In the US, the S&P500 is down around 200 points, but in the UK, the FTSE100 is actually up by a corresponding amount. Two years ago...
In our last Budget note in October 2021, we highlighted our growing concern about inflation. At the time, Rishi Sunak said inflation would probably average 4% over the course of 2022 and whilst, at the time, he could not have predicted the surge in energy...
Verso Wealth Management acquires CDC, extending its presence to the North East Crawley, West Sussex, 15 March 2022: Verso Wealth Management (Verso) is pleased to announce its acquisition of CDC Wealth Management Limited (CDC). This acquisition continues Verso’s strategy to build a market leading, national wealth...
Only a few weeks ago when we sent the January edition of the half-yearly profile report, we said that inflation would be the statistic to watch in 2022. Whilst it is probably too early in the year to wallow in self-congratulation, so far our prognosis...
Hardly a snappy title, nor is it my own, as it was blatantly plagiarised from Timothy Garton-Ash Professor of European Studies at Oxford University. Whether we believe this to be true is a matter of personal perspective but it does set an important context for...