The IMF’s title of the April 2022 World Economic Outlook, leaving us in no doubt the invasion of Ukraine contributes to the downward revision of global growth. The facts of the war have not changed: Russian forces are still invading and Ukraine is still resisting, fuelling our lack of surprise on the growth picture, as well
Stress-testing UK optimism From bouncing recovery to realism around rising inflation and global trade dips, the optimism around the recovery in the UK comes under pressure, with ‘wait and see’ uncertainty around furlough, growth and trade. Despite CPI (Consumer Price Index) rising to 3.1% in September, the Bank of England (BoE), continuing its expectation of
Bank of England’s party line continues The Bank of England’s (BoE) Monetary Policy Committee meeting on the 4th August saw the agreement to keep the current stance on maintaining interest rates well and truly firm, with a unanimous vote that they remain unchanged at 0.1%. Although the Committee suggested they may raise interest rates later in the year,
Freedom or farce? The halfway recovery picture Freedom Day on 19th July was intended to mark our return to a pre-pandemic life, with the month also seeing the halfway point in the year of recovery. But with news on the day reporting confusion for businesses amid the rising ‘pingdemic’, and the ensuing effect of staff isolations
UK inflation exceeds 2% target – a sign of recovery? The strength of the economic recovery as the UK emerges from lockdown has seen inflation rise to 2.1%, the highest it’s been in two years, and hitting and exceeding the target of 2% set by the Bank of England (BoE). However, the BoE has suggested
At Macdonald Wealth, a lot of my clients are anxious. They’re worried about the impact the pandemic will have on the stock market, and what that means for their pension.
Growing any business takes determination and hard work. I founded Macdonald Wealth from a genuine desire to help others; to grow their aspirations, to make a better, more secure future possible.