Last week, the UK economy experienced high macroeconomic volatility as stagflation fears intensified after the Iran conflict disrupted global supply chains. March’s Purchasing Managers' Index (PMI) fell to a six-month low, while consumer expectations also dropped as households faced increases in energy prices. Initial panic over Bank of England (BoE) rate hikes, driven by the energy crisis, faded as BoE officials dampened inflation fears. They argued that the domestic economy lacks the momentum to sustain a 2022-style price spiral where costs drove wages and prices higher. Downing Street remains in active crisis management; Prime Minister Starmer is set to meet business leaders to navigate the fallout and discuss how the government and private sector can collaborate. Chancellor Reeves is attempting to avoid Truss-era panic by delaying unfunded universal bailouts, with broad energy support postponed until at least the autumn...
Stocks featured:
BP, Endeavour Mining and 3i Group
To find out more about the investment management services offered by Walker Crips, please visit our website:
https://www.walkercrips.co.uk/
This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exc
","author_name":"Walker Crips Investment Management Limited"}