At the start of the new parliamentary term, and as Labour returns to power for the first time in fifteen years, the King’s Speech included no less than 40 bills covering a range of policy areas from economic stability and growth to health and national security.
As we pass over the Equinox and the nights noticeably draw in, I believe that we are moving into a new era more than ever before. This is not only because the spectacular pageantry marking the end of the Elizabethan age is now behind us, but also because of several announcements from the newly formed Government and the latest deliberations on interest rates from the Bank of England will determine the success or failure of Liz Truss’s new government: and all this against an ever deteriorating global economic and political backdrop.
With inflation and possibly stagflation now back with us for the first time in forty years what differently are you doing with your investments/pensions? Nothing is not the rifght answer.
Against this backdrop our money is edging ever closer towards its biggest reinvention in centuries, which has implications for us all. Not only will this impact our everyday lives, but it will have a bearing on the future value of our pensions and savings in a world where inflation is back after decades of lulling us into a false sense of security.
And it won't be different this time!
Investors do not realise it yet but everything is broken!
