For the last seven years the title of the city with the most billionaires has been held by New York, but this year a new name has taken over and that city is Beijing.  According to the latest Forbes annual rich list, the Chinese capital added 33 billionaires last year, taking its total to 100 – one...Read More

Some of the numbers in this month’s Bulletin are simply staggering. Whether it’s Amazon’s profits or the ‘investment’ (which could alternatively be considered ‘spending’, depending on your political viewpoint) announced by President Biden.  There was a time where the ‘standard unit’ of currency we talked about was a million. Company profits and valuations were measured...Read More

At time of writing, the UK’s FTSE 100 index of leading shares is at 6,882 – up 7% on where it ended 2020. In the US the Dow Jones index is up 11% for the year at 33,821 with other major markets around the world also making significant gains in the first four months of...Read More

Many of our clients will be familiar with property funds. Investing in commercial – rather than domestic – property, these funds have been part of many clients’ portfolios, typically providing a balance to equity funds.  That, of course, was before Covid-19. When the UK went into lockdown in March last year many property funds had...Read More

Most of the headlines in Rishi Sunak’s recent Budget were made by the tax rises, both for individuals and companies, and by the inevitable bill for the pandemic.  There was a strong ‘green’ theme running through the Budget. This was shown through the National Infrastructure Bank being established in Leeds, and the Bank of England’s...Read More

“Generation Rent,” declared Rishi Sunak in his Budget speech, “will become Generation Buy.” Had the House of Commons been full, this announcement would no doubt have been greeted with loud cheers by Conservative backbenchers. At last, someone is doing something to help young people get on the housing ladder… So what did the Chancellor announce?...Read More