Platinum Portfolio News

10 Aug

Inflation remains a conundrum

Global equity markets generally advanced during July, underpinned by further evidence of economic strength. Inflation, however, remained at the forefront of investors’ consciousness over the month. European Central Bank (ECB) President Mario Draghi played down speculation that the central bank intends to begin winding down its programme of economic stimulus measures soon, warning that underlying… Read more »

20 Jul

Government brings forward increase in state pension age

The Government has decided to bring forward the increase in the state pension age to 68 by seven years. Adopting the recommendations of the Cridland review into state pension increases, the Government has confirmed that the state pension age will rise from 67 to 68 from 2037. Speaking in the House of Commons today, Work… Read more »

07 Jun

Politics drive sentiment in May

The General Election commanded plenty of attention during May as investors became increasingly unsettled by uncertainties over the possible outcome of the vote. The FTSE 100 Index reached new highs in May and breached 7,500 points for the first time. Over the month, the FTSE 100 Index climbed by 4.4%, while the FTSE 250 Index… Read more »

20 Apr

2017/18 limits for ISAs

Individual Savings Accounts (ISAs) are tax-efficient savings vehicles that allow you to save and invest without having to pay income tax or capital gains tax. They can be a good way for people to start saving or to add to their existing portfolio of savings and investments. The ISA allowance for the 2017/18 tax year… Read more »

04 Apr

Brexit: conscious uncoupling

Prime Minister Theresa May made history on 29 March as she began the official Brexit process by triggering Article 50 of the Lisbon Treaty in a letter to European Council President Donald Tusk. The UK and the EU have two years to negotiate withdrawal terms, which will encompass issues such as the rights of EU… Read more »

21 Mar

From CPI to CPIH

Consumer price inflation measures the rate at which the price of certain goods and services rise or fall. Until 21 March 2017, the Consumer Prices Index (CPI) was the UK’s headline measure of inflation; from that date, however, it changed to CPIH, which includes housing costs. CPIH is not designed to capture house-price rises; instead,… Read more »

21 Mar

Government U-turn on NICs

One week after unveiling a controversial increase in National Insurance Contributions (NICs) for the self-employed at the Spring Budget, the Government performed an unexpected U-turn. In a letter to the Chairman of the Treasury Select Committee, Chancellor of the Exchequer Philip Hammond announced that planned increases to Class 4 NICs would not take place during… Read more »

08 Mar

Budget Snapshot 2017

The Budget is a report presented each year by the Chancellor of the Exchequer to Parliament and the nation. The primary role of the Budget is to control public finances by setting out how much tax the Government will collect, how much the Government will borrow and how much the Government will spend. The Budget… Read more »

08 Mar

Mid-caps lead the way in February

UK equities rose during February, led by a strong performance from medium-sized companies. The FTSE 250 Index climbed by 3.7% over February as a whole and hit new highs during the month, boosted by a revival in investor confidence following the Brexit referendum and by a rally in the value of the pound since its… Read more »

24 Jan

Brexit: no half-measures

Brexit took another turn during January, as UK Prime Minister Theresa May set out her vision for the UK’s exit from the European Union (EU). In a speech that set out the framework of her Brexit plan, she made it clear that the UK does not intend to stay in the European Single Market, as… Read more »