What’s been happening in the UK markets

Posted on: September 29, 2022

Click the link below for a summary of what’s been happening in UK markets. 

22 September: The Bank of England (BoE) says we may already be in a recession. Energy support package takes pressure off BoE to raise rates aggressively. If they slowdown interest rate hikes and we are in a recession (or heading into one), UK government bonds would offer good value over the 18 months or so.

23 September: the chancellor unveils the largest tax cuts in decades. 



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