This article first appeared on the Dundee & Angus Chamber of Commerce website, 26th May 2025, click here to view the article. Monday 12th May After a weekend of relaxing in glorious sunshine, it is back to my desk in our Edinburgh office. Monday is a day I try to avoid external meetings and…
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We aren’t huge fans of twenty-four-hour rolling news here at Thorntons Investments. Well, that’s not entirely true: having all the world’s information available to you at all times can prove invaluable when forming client portfolios. More accurately, we aren’t huge fans of sensationalist headlines that are part and parcel of the news agenda. “Worst week…
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In mid-March 2024, the then Shadow Chancellor, Rachel Reeves gave the Mais lecture to the good and the great of the City. In it she set out her broad fiscal framework, including goals to: • Balance the current budget, i.e. match day-to-day government expenditure with revenues; and • Have a single fiscal event (i.e. Budget)…
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The first Budget from a Labour government since March 2010, and the first ever from a female Chancellor, proved to be the defining event that had been widely anticipated. From the moment in late July when Rachel Reeves unveiled her “£22 billion black hole” and announced means-testing for the winter fuel payment, it was clear…
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It has come to pass that the details of the Chancellor’s Budget are often leaked well in advance of the actual speech taking place. As such, it is often the case that there is little that catches the eye or causes us to sit up and take notice. This Spring budget falls into that category,…
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The early trailers in January 2024 for what is probably Chancellor Jeremy Hunt’s last ‘fiscal event’ featured Prime Minister Rishi Sunak promising “more to come” on tax cuts. At the time, Mr Sunak’s bullish viewpoint puzzled some commentators because the Treasury had yet to receive even an initial assessment of the UK’s financial health from…
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Shortly after his arrival in 11 Downing Street, Chancellor Jeremy Hunt announced a rather severe haircut to the amount of capital gains individuals can realise before creating a tax liability. Since then, there have been further changes to pension allowances, and this has undoubtedly caught the attention of savers and investors alike. It is the…
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‘The stock market is designed to transfer money from the active to the patient’ – Warren Buffett With headlines providing a steady stream of less than good news, we are writing to provide some illustrations which we hope will ease any concerns you have, and hopefully frame current volatility in the context of long-term…
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Creating and maintaining the right investment strategy is key in securing your future financial goals and objectives. A significant element of this strategy is your level of involvement. How much control do you want over your investments? Do you prefer to be in charge, or do you want someone to invest for you? Volatile…
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