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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We are once again holding our annual charity quiz, inviting all our colleagues and connections in the Dundee area to come along on Tuesday 20th May, 8pm at The Fort Hotel in Broughty Ferry. Full details can be found here: Charity Quiz Night. If you’re a regular quizzer, or just fancy helping raise money for…
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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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Expected by investors and largely priced into the stock market, the recent UK election outcome ushering in a new Labour government is unsurprising. Whilst the result has buoyed markets, the incoming government has little headroom to enact fiscal change. Investors are therefore asking themselves what the economic policy will be and how it will affect…
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Each year, our team choose a charity to support throughout the next 12 month period. Back in Spring 2023, we chose the Children’s Cancer & Leukaemia Group (CCLG) – specifically the Joey’s Journey Fund. Joey was born in 2020 and was very quickly diagnosed with congenital glioblastoma – a brain tumour. Joey needed emergency surgery…
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April each year is Earth Month, with Earth Day taking place today, April 22nd. This is all about raising awareness and encouraging action to support environmental projects and initiatives. But if we are serious about combating climate change and its impacts then more and more of us need to get on board and actively engage….
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I’m delighted to announce that we have recently promoted Andrew McLean to the position of Head of Client Investments leading our DFM team managing our discretionary client portfolios. Andrew has over a decade of experience in boutique investment houses providing bespoke client investment portfolios. He is using his experience to help Thorntons Investments scale up…
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We are pleased to share this article written by our financial planning colleague, Elmira Donald. Last weekend, while on holiday in London and with half a day to spare before my flight, I thought about the best way to spend my time. I decided to visit the Bank of England. This visit wasn’t just a…
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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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