UK Chancellor Jeremy Hunt’s 2023 Autumn Statement outlined, in his words, “eight months of hard work” and no fewer than 110 measures to help grow the British economy. Contained within are a raft of measures set to overhaul everything from minimum wage and benefit payments to tax, business investment, and more.
The announcement that Saudi Bank (who own around 10% of Credit Suisse) would not invest in more equity in Credit Suisse triggered the recent share price collapse (and large widening in credit spreads). In reality, regulation prohibits Saudi Bank to own more than 10% in any case. The Swiss National Bank has stepped in to provide Credit Suisse with additional liquidity. Importantly, both the Swiss National Bank and the Swiss Regulator have confirmed that Credit Suisse continues to meet […]
The Situation in Eastern Europe has escalated with news that Russia has launched an invasion of Ukraine.
A wholesale Russian invasion of Ukraine takes us back to a world we thought we had left behind decades ago. From a social and political perspective, the impact will be huge. As governments around the world contemplate their response, the potential for a full-scale conflict between Russia and the West is now something that cannot be ignored.
From an investment perspective, sentiment […]
In what felt like a relatively quiet week with lower daily market movements than we have been experiencing recently, all of the major equity markets enjoyed steady growth last week. The FTSE 100 index was boosted by a positive showing on Friday as the UK’s coronavirus R rate fell below 1 and better than expected economic data. The UK economy dodged a double dip recession as the economy grew by 1% in the final quarter of 2020 […]
Week ending 22 January 2021 market update
It was a mixed week for global equity markets last week. In the UK, the FTSE 100 was down 0.6% as a combination of poor economic data and concerns of a longer-than-expected lockdown and harsher travel restrictions had an effect. However, in the United States, the Dow Jones 30 registered its fifth positive week in six while the S&P 500 posted its third positive week in four. The Nasdaq advanced […]
December was a positive month for global equity markets to close an extraordinary year. The coronavirus pandemic has caused significant volatility in global equity markets and while they have all recovered from their lows, the performance over the year is mixed.
The FTSE 100 index ended the year down more than 14%. The value and cyclical nature of the UK markets has caused a significant underperformance compared with their US counterparts.
Both the Dow Jones 30 […]
Please find Investment update from Colin Gellatly, Deputy Chief Investment Officer at Omnis Investments Limited.
The UK stock market has been unloved and undervalued by investors for some time now. Yet we believe it’s already reached a turning point and is an attractive environment for active fund managers
If you would like to speak with us, then please make contact here.
Best regards
Andrew & Richard
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Andrew S. Turner MSc Cert CII FPFS […]
Please find Investment update from Robert Jeffree, Chief Investment Officer at Omnis Investments Limited. If you would like to speak with us, then please make contact.
Best regards
Andrew & Richard
In March this year, it was agreed with the Government that banks, building societies and other mortgage lenders should offer all existing mortgage customers the option of a three month mortgage payment holiday. This was subsequently extended to six months. If your finances have been affected by Coronavirus and you would like to request a mortgage holiday from your lender, you have until the 31 of October 2020 to apply. If you’ve already had a payment holiday of three […]
Please download and read this Investment update from Colin Gellatly, the Deputy Chief Investment Officer at Omnis Investments Limited.
If you would like to speak with us, then please make contact.
Best regards
Andrew & Richard
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Andrew S. Turner MSc Cert CII FPFS Certs (MP & ER) and Richard Olive BA (Hons) APFS
Karrek Chartered Financial Planners
Office: 01637 853153
