Category: Uncategorized

162 – Date set for Autumn statement

The Treasury has confirmed that the Autumn Statement will be on 23 November. When George Osborne was replaced as Chancellor in July, his successor, Philip Hammond, deliberately avoided taking any action. He left the immediate economic response to Mark Carney and the Monetary Policy Committee at the Bank of England, which duly cut interest rates…

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Brexit Update

Well we all made it through the first week post the Brexit vote. Let's not go over old ground except to say that the relative calm of financial markets has more to do with the promise of more QE than anything else. Housebuilders and banks have come under sustained pressure, but like many cyclicals there…

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Leaving Europe

Good Evening So we have made it through the third day after the historic vote to leave Europe. The FTSE finished 200 points down on Friday and 156 points today but gained today by 158 points. We would have taken that at 6.00 Friday morning! Unsurprisingly the pound has fallen to its lowest levels since…

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Budget Summary 2016

This was the third budget within the space of 12 months. It threatened to be the most difficult of the trio because of constraints imposed by June's EU referendum and disappointing economic numbers. Nevertheless the Chancellor managed to produce several surprises, including net tax cuts in 2017/18 and 2018/19 before reaching his often repeated goal…

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Brexit

Pryor Portfolio Management run a range of risk rated actively managed investment funds. We have successfully steered our funds during the recent wave of volatility so we thought it may be prudent to give our strategic opinion of the next few months leading to the vote on the 23rd June. Brexit The UK EU referendum…

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Good Elf this christmas

    The doors of PPM are now closed for another year, when they re open in 2016 we will be celebrating our tenth year in business which is very exciting (well to us anyway!).   Thank you as always for your support of our business and wish you the best of possible Christmas times.…

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