The Budget 2018 – The End of Austerity?

Butler Toll's Economics Adviser, John Shepperd, gives his immediate thoughts on the 2018 Budget. The end of austerity? Perhaps, to a degree. The Government had some wiggle room to have a fiscal stimulus and used it. The room for manoeuvre came from two sources. Firstly, tax...

Bank Rate

Despite the fact that the MPC’s decision to raise Bank Rate (to ¾% from the previous ½%) was a unanimous one, it must have been a close call. The case can be made of course, and as ever the Bank’s analysis in the Monetary Policy...

Chequers Agreement – “Classic Cherry Picking”

Thoughts on the Cabinet's Brexit agreement from our global economist - John Shepperd The “Chequers Agreement”, issued after the Cabinet meeting last Friday, is a short, three-page outline of the UK’s proposed position as we head into the final stages of the tortuous Brexit negations. A...

Butler Toll Guide to Understanding Investment Risk

Butler Toll is delighted to announce the unveiling of the first in a series of guides covering a wide range of areas in financial planning, exclusive to our clients. The Guide to Understanding Risk is an essential tool for our clients at initial meetings to help...

TWIGS CHARITY CLAY SHOOT

Please support this annual Charity Clay Shoot now in its 8th year. Entries close in only 3 months’ time! Cheques can be sent to me or BACS payments can be made directly to Bank Sort Code: 30 – 98 – 41; Friends of TWIGS A/C No. 7748 4468. Signing-on,...

Interest Rates Remain Unchanged

After the March Monetary Policy Committee meeting the market was pricing in a 90% chance of a Bank Rate hike at the May 10th meeting. The March meeting’s Minutes said that the economy had progressed as expected since the forecast update in the February Inflation...

Where next for interest rates?

By John Shepperd; Economics Adviser to Butler Toll Asset Management When the Monetary Policy Committee (MPC) decided to raise Bank Rate (from ¼ to ½%) last November, it was not seen as much of a real tightening. More a reversal of the post-Referendum cut, taking back an...