Economic observes have suggested that, as Britain edges towards the first phase of European withdrawal next month, that minor cracks in the UK economy will persuade the Bank of England to keep Interest Rates as they are in the short-medium term.<\/p>\n
The exact terms of Brexit are yet to emerge, however, the economy has continued to grow steadily since last June\u2019s referendum, with the FTSE100 reaching record highs during 2017, however, a combination of falling retail sales and a slump in the value of sterling should stave off the temptation of rate rises until further evidence of inflation emerges.<\/p>\n
Employment figures continue to look strong, with those out of work at the lowest level in more than a decade, with wage rise demands also decelerating, but on the flip side, business investment fell in the last quarter of 2016, and a fifth of larger companies are reported to be reigning in expansion plans until Brexit implications are known.<\/p>\n
In an article in The Financial Times this week, the newspaper claimed that; \u201cBy themselves, these do not add up to anything like conclusive evidence that the economy is running out of steam. But they do justify the Bank of England \u2014 unlike, for example, the US Federal Reserve \u2014 keeping interest rates on hold in the medium term, even if the sterling shock pushes up import prices.\u201d<\/p>\n
Here at The Financial planning Group we manage our clients\u2019 assets to an investment strategy that is designed to achieve their financial goals. Where those goals are longer term, we use\u00a0shares\u00a0and bonds to provide the growth required to achieve a positive return, above inflation.<\/p>\n
Of course, the value of shares can rise and fall from day to day, month to month and even from year to year \u2013 but over time \u2013 they have provided a higher return than many other comparable assets.<\/p>\n
We always advise investors to look for a structured, disciplined approach, rather than gamble their life savings away chasing unrealistic returns. Our aim is to change the fundamental relationship people have with their money, and to give them confidence and clarity in their own future.<\/p>\n
If you would like to arrange an investment consultation,\u00a0please call Tim Norris or Alan Clifton on 0800 731 7614 and we would be delighted to arrange a meeting at our offices in the heart of Teddington.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Economic observes have suggested that, as Britain edges towards the first phase of European withdrawal next month, that minor cracks in the UK economy will persuade the Bank of England to keep Interest Rates as they are in the short-medium term. The exact terms of Brexit are yet to emerge, however, the economy has continued […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1741","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n