Oh, for a quiet life. Sadly, there is no chance of that in UK politics as we have the certainty of soon welcoming our 6th Prime Minister since 2019. Andy Burnham returned to Parliament on Monday, and before his train had even arrived in London, Sir Keir Starmer had resigned as leader of the Labour party and therefore also given notice on his time as UK Prime Minister. Burnham is the anointed successor, with his by-election victory widely interpreted as a sign that Labour supp

The Bank of England kept interest rates unchanged yesterday at 3.75%, as falling oil prices eased some of the inflation risks created by the recent Middle East conflict. The Monetary Policy Committee voted 7–2 to hold rates, with two members favouring a small increase due to concerns that higher energy costs could still feed into wages and business pricing. Oil prices had surged when the Strait of Hormuz was disrupted earlier in the year, but they have since declined followin

This week’s client update comes to you a day early. Global equity markets continue to be dominated by developments in artificial intelligence and the broader technology sector, but the latest news flow underlines just how unsettled and unpredictable this part of the market has become. I appreciate that I wrote about artificial intelligence (AI) stocks last week and I do not want this to get boring, however no sooner had we issued last weeks newsletter, than we had strong jobs