Public Sector

Featured Items

What Will Boris Mean for the Markets?
Guy Foster, Group Head of Research at Brewin Dolphin, comments on the appointment of Boris Johnson as Prime Minister. He explores the likely next steps for Boris, the impact that his appointment will have on Brexit negotiations and predicts how this will affect the economy. 

Key points include:
  • Boris Johnson’s appointment as PM makes a no-deal Brexit seem like a closer prospect than ever – but Brewin Dolphin still think it unlikely to occur
  • Johnson’s rhetoric leaves room for both the UK Government and EU to make concessions that could result in a deal
  • While Brewin Dolphin think it unlikely to happen, if there is a no-deal Brexit UK Government, bond prices would be expected to rally 
  • The pound would likely fall, benefiting the large internationally-focused companies that dominate the FTSE 100
Summer Budget Alert 2015
Corporation tax will be reduced from 20 per cent in 2015 to 18 per cent in 2020, helping the UK to maintain the competitiveness of its tax system, according to this report from EY.
Living Wage Report
The cost of paying the Living Wage may not be limited to raising the wages of the lowest paid – it may be necessary to pay more to those above in order to maintain pay differentials which reward tenure, according to this report by KPMG.
Eurozone Forecast
Lower oil prices and quantitative easing are expected to help increase GDP growth in the Eurozone from 0.9 per cent in 2014 to 1.5 per cent this year, before rising to 1.8 per cent in 2016, according to this report by EY.
The Changing World of Money
If current growth rates continue the big five banks could lose over 10 per cent of their lending market share between 2010 and 2020, finds this report by KPMG