With the majority of his major announcements made in last year’s Autumn Statement, the Chancellor focused today’s Budget Statement on “investing in Britain’s future”. Encouragingly, he was able to upgrade this year’s UK growth forecasts and this provided some space to manoeuvre in terms of short-term fiscal spending, with the Government planning to begin the formal process of seceding from the European Union later this month.
While the Chancellor met her fiscal rules with unexpected headroom, the real challenge lies in delivering on future commitments.
The UK is at an inflection point. In this episode, Rupert Harrison CBE—Senior Adviser at PIMCO and former Chief Economic Adviser to the UK government—and Dr. Peder Beck-Friis, Economist at PIMCO, share actionable insights on navigating the UK’s evolving investment landscape.
Last week, Rachel Reeves outlined her plans to raise revenue and fund public spending - but how might the new measures affect your clients' finances? Fidelity's Tom Stevenson shares his take on the key themes and their potential impact on your clients' finances.
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