Letter from London – Post Budget Review – March 2023

Letter from London – Post Budget Review – March 2023

Jeremy Hunt became only the second of the five politicians since mid-2019 to have held the post of Chancellor of the Exchequer and survive long enough in office to deliver a Budget. Calm reassurance remains at the heart of his style and substance. Not for him the...
Recovering markets won’t bring joy to all players

Recovering markets won’t bring joy to all players

London is showing few signs of losing its crown as Europe’s leading financial centre. Globally, it’s still not far behind New York; in some respects it may even be ahead. Post-Brexit, the European Central Bank is understandably unhappy that the world’s second largest...
Calm before the insolvency storm

Calm before the insolvency storm

Don’t be fooled by the relatively low headline figure for company insolvency figures in January. At 1,671 the number for England and Wales was 7% up on January 2022 and 11% higher than the pre-pandemic period in 2020. It doesn’t sound too terrible, given the economic...