Please find below our Investment Market Update as at 12th May 2023.
New feature for these Weekly Updates
There are always many moving parts contributing to the outlook for investment markets and economies and,as a result, there is always lots to comment on. We will continue to keep you abreast of the shifting dynamics each week, but once a month we have decided to add a new feature.
In recent times we have seen an unprecedented level of political and financial change in the UK and with further changes expected, it’s important to keep ahead of any potential implications. We will shine a light on specific financial planning tips and where appropriate, share specific case studies to reinforce the points made. All of our Financial Planners here at Blue Sky will contribute to these updates. The thinking is that we will also highlight tax allowances, whilst providing thoughts and tips around the actions that could be considered to ensure greater tax efficiency.
We have also decided to start off each communication with a bullet point overview of the content.
We hope you enjoy this slight step change to our communications, but please remember, nothing here is to be interpreted as personal advice. If you would like support for your own personal circumstances, please get in touch.
This week’s content:
A UK bias this week with a continental twist:
- UK economy avoids recession with 0.1% growth
- What’s the outlook for the UK economy?
- The Pound is getting stronger
- The Bank of England admit they got their forecasts wrong
- Blue Sky challenges Twitter
- Spaghetti, spaghetti, spaghetti
Want to continue reading?
Our CEO, Gary Neild, writes an engaging Market Commentaries every week. If you would like to receive the full version straight to your inbox every Friday, please join our communications list.
Please Note: This communication should not be read as giving specific advice regarding your personal circumstances. This would only be given following detailed assessment of your individual needs. The value of investments may fall as well as rise; you may get back less than invested. Past performance is not necessarily a guide to future returns.