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Latest News & Insights
Market Commentary
This is a government that wants what’s best for ScotlandOn 13 January, Scottish Finance Secretary Shona Robison delivered her draft Budget, outlining key tax and spending plans for the forthcoming financial year, running from 1 April 2026 to 31 March 2027. The Scottish government usually announces its Budget in December but due to the late timing of Rachel Reeves’ Budget on 26 November, decided […]
Market Commentary
We still think rates are on a gradual path downwardDuring the Monetary Policy Committee’s (MPC’s) final meeting of 2025 on 18 December, the members voted to reduce Bank Rate to 3.75%, though it was a close call. Five of the nine members voted to reduce the rate, while four wished to retain it at 4%. The reduction was widely expected following inflation data which […]
Market Commentary
We are determined to defy forecasts on growthThe latest figures from the Office for National Statistics (ONS) show that the UK economy shrank in October, contrary to expectations. Economists had anticipated that UK GDP would grow by 0.1% in the three months to October, but the data shows it contracted by 0.1%. The slowdown in GDP growth was partly driven by a […]
