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The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
Market Update - 12th October 2022.
12th October 2022
ONS data released yesterday (Tuesday), showed that the UK Labour market remained “tight” in August. Headline unemployment fell to 3.5%, which was below expectations and the lowest reading since 1974.
Market Update - 29th September 2022.
29th September 2022
There seems to be little respite as the FTSE-100 has opened heavily down again this morning.
Market Update - 28th September 2022.
28th September 2022
Financial markets remained volatile after Chancellor Kwasi Kwarteng’s ‘mini-budget’ was badly received by markets and the pound struggled to make a substantial recovery after falling to an all-time low against the US dollar on Monday.
Market Special - Currency Update
26th September 2022
We argued in our Weekly Market Summary that there was little surprise in last Friday’s (23 September 2022) mini-budget from the Chancellor of the Exchequer, Kwasi Kwarteng - however, the reaction by the financial market and the media has been a big surprise, in particular the fall in the value of the pound and UK gilts.
Market Update - 14th September 2022.
14th September 2022
Her Majesty, Queen Elizabeth II was not only the one reigning monarch we have known, but she was a much needed and very reassuring constant and inspiration to us given the huge economic changes over the last 70 years.
Market Update - 7th September 2022.
7th September 2022
Liz Truss was announced as the new leader of the Conservative party on Monday and the UK’s new prime minister after meeting the Queen at Balmoral yesterday, where she was asked to form a government after the resignation of Boris Johnson.