Arbuthnot Latham

💼 The Budget continues to dominate the headlines as the market weighs the implications for the UK economic outlook, with sterling aggressively lower.   🗽 Market focus is now very much on next week’s US election which remains too close to call and will be pivotal to the dollar, with a Trump win likely leading to a stronger currency. ✂️ The Bank of England and US Federal Reserve also meet next week with a 0.25% rate cut expected from each. 🏦 Further easing from both central banks is expected through 2025. 📊 Today’s critical US jobs data, a key driver of monetary policy, may increase market volatility. 💶 In Europe, inflationary pressures remain contained, and further aggressive rate cuts seem likely in the months ahead as the central bank looks to stimulate economic growth. 💷 On the exchanges conviction levels remain light ahead of next week’s key risk-events. See more insight and analysis - https://lnkd.in/dJHH-ag5

𝗨𝗞 𝗔𝘂𝘁𝘂𝗺𝗻 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟰: Key changes impacting high-net-worth individuals and businesses Chancellor Rachel Reeves delivered the first Labour Budget since 2010, introducing a range of significant changes, including £40 billion in tax increases. 🚨 𝗙𝗶𝗻𝗱 𝗼𝘂𝘁 𝘄𝗵𝗮𝘁 𝗶𝘁 𝗺𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗶𝗻𝗱𝗶𝘃𝗶𝗱𝘂𝗮𝗹𝘀 𝗮𝗻𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗶𝗻 𝗼𝘂𝗿 𝘀𝘂𝗺𝗺𝗮𝗿𝘆: https://lnkd.in/eVdu2MYd If you need guidance on how these updates could impact your financial plans, we are here to help. Please contact your banker to arrange a consultation with a wealth planner, or find out more about becoming a client: https://lnkd.in/eeRe83ru   #Budget2024 #WealthManagement #BusinessPlanning #AutumnBudget2024

We were delighted to host clients and friends at our new office to celebrate Diwali, the festival of lights. The evening featured vibrant Bollywood performances, exquisite South Indian canapés, and a wonderful atmosphere of joy and celebration. These gatherings offer invaluable opportunities to share stories, learn from peers, and explore valuable collaborations. Find out more here https://lnkd.in/efVHqTNQ #helpingyougofurther #Diwali #ArbuthnotLatham

With less than two weeks until the US election the result is too close to call. Our Senior Investment Manager Gabriella Macari FCSI looks at the key economic policies from both candidates, and what a Harris or Trump victory could mean for your portfolio. https://lnkd.in/epk25G79 #USelection

😰 Uncertainty ahead of the US election and the UK Budget is keeping volumes light and driving a lack of conviction on weaker investor sentiment, with Gold hitting record highs on a safety bid. 💸 The US election result remains too close to call as the market continues to speculate on the policy implications of each candidate, with a Trump win expected to lead to a stronger dollar. 👩🏭 There has been little in the way of economic data this week, with market focus very much on next week’s UK budget and US payrolls data, which will be key to the Fed’s policy actions. ✂ For the UK, the market is still pricing in a 65% probability of two rate cuts by year end. 🗽 While in the US forecasters have reined in the likelihood of two cuts to around 50%. 💶 European officials indicated a willingness to cut rates more aggressively on the stubbornly weak economic growth outlook, which continues to weigh on the euro. 📈 The dollar has strengthened on lower US rate cut expectations and the belief that, should Trump win, it would lead to a stronger currency, while euro weakness is pushing GBP/EUR towards its 2-year highs above the 1.2000 level. See more insight and analysis - https://lnkd.in/dJHH-ag5

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗽𝗱𝗮𝘁𝗲: We are delighted to share key highlights from our recent event, featuring expert insights from Savills' Lucian Cook and Mat Oakley. They explored the latest trends in #residential and #commercial #property, addressing post-pandemic shifts, affordability challenges, and opportunities in logistics, offices, and retail. 🏠𝗗𝗶𝘃𝗲 𝗶𝗻𝘁𝗼 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝗿𝗼𝗺 𝗦𝗮𝘃𝗶𝗹𝗹𝘀' 𝗛𝗲𝗮𝗱 𝗼𝗳 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵, 𝗟𝘂𝗰𝗶𝗮𝗻 𝗖𝗼𝗼𝗸: https://lnkd.in/eX92Gp2E 🏭𝗚𝗮𝗶𝗻 𝗲𝘅𝗽𝗲𝗿𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗺𝗮𝗿𝗸𝗲𝘁, 𝘄𝗵𝗲𝗿𝗲 𝗦𝗮𝘃𝗶𝗹𝗹𝘀' 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗼𝗳 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵, 𝗠𝗮𝘁 𝗢𝗮𝗸𝗹𝗲𝘆 𝗯𝗿𝗲𝗮𝗸𝘀 𝗱𝗼𝘄𝗻 𝗸𝗲𝘆 𝘁𝗿𝗲𝗻𝗱𝘀 𝗶𝗻 𝗹𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀, 𝗼𝗳𝗳𝗶𝗰𝗲𝘀, 𝗮𝗻𝗱 𝗿𝗲𝘁𝗮𝗶𝗹: https://lnkd.in/eG7c9J4h 𝘚𝘵𝘢𝘺 𝘪𝘯𝘧𝘰𝘳𝘮𝘦𝘥 𝘰𝘯 𝘵𝘩𝘦 𝘭𝘢𝘵𝘦𝘴𝘵 𝘱𝘳𝘰𝘱𝘦𝘳𝘵𝘺 𝘵𝘳𝘦𝘯𝘥𝘴 𝘢𝘯𝘥 𝘪𝘯𝘴𝘪𝘨𝘩𝘵𝘴. 📩 Sign up to receive exclusive updates directly to your inbox: https://lnkd.in/eGwZpgii

🎬 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗰𝗼𝗺𝗽𝗹𝗲𝘅𝗶𝘁𝗶𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝘀𝗽𝗼𝗿𝘁𝘀, 𝗺𝗲𝗱𝗶𝗮, 𝗮𝗻𝗱 𝗲𝗻𝘁𝗲𝗿𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝗶𝘀 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗶𝗻𝗴 – with unique pressures that demand tailored solutions. At Arbuthnot Latham, we have connections to specialist advisers – including accountants, tax experts, media lawyers, business managers, and trusted agents. ✨ Discover how our '𝗰𝗶𝗿𝗰𝗹𝗲 𝗼𝗳 𝘁𝗿𝘂𝘀𝘁' can help you manage, protect, and grow your wealth, leaving you free to focus on your career and passions. ➡️  𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗲𝗻𝘁𝗼𝘂𝗿𝗮𝗴𝗲 𝘁𝗼𝗱𝗮𝘆: https://lnkd.in/gSmYiZTC #WealthManagement #EntertainmentIndustry #FinancialPlanning #TaxAdvisers #Helpingyougofurther Robert Stapledon Mark Penny Vasila Mehtiyeva Sam Green Bhavick Patel Tim Ling Richard Kay Greg Kennedy Louis Chapple Chris Clark

We recently asked our LinkedIn community what potential changes are causing the most concern ahead of the upcoming UK Autumn Budget. Here is what you had to say: ▶️ 46% of you are most concerned about 𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗿𝗲𝗳𝗼𝗿𝗺𝘀 – a sign of growing uncertainty around future retirement planning.  ▶️ 30% are focused on potential 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗴𝗮𝗶𝗻𝘀 𝘁𝗮𝘅 changes – indicating concerns over investments and property are near the top of your agenda. ▶️ 19% are watching closely for 𝗶𝗻𝗵𝗲𝗿𝗶𝘁𝗮𝗻𝗰𝗲 𝘁𝗮𝘅 reforms – reflecting growing unease about wealth transfer. ▶️Only 4% are concerned about 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘁𝗮𝘅 𝗿𝗲𝗹𝗶𝗲𝗳 – this may mean our community feels more confident in this area. As the Autumn Budget is on the horizon, it is crucial to stay informed and prepared. Our wealth planning expert, Rachel Wyatt, shares key insights to help you navigate these potential shifts. 👉 Read more here: https://lnkd.in/ewGgg-6E 👉If you have any questions before or after the Budget, please do not hesitate to contact your banker. #FinancialPlanning #AutumnBudget #WealthManagement #TaxReforms #HelpingYouGoFurther

When two of our clients told us about their desire to have a positive impact on the world around them, we knew we had a sustainable portfolio that would align with their values. Understanding a client’s priorities and goals is key to our investment management service. And goals do not just mean returns. The clients who were interested in environmental outcomes wanted to see how our screening process ensures our Sustainable Portfolio Service is truly impactful, and we were happy to help. Find out about the journey they went on with us to find a portfolio that matched their values and financial needs. https://lnkd.in/eYtDEshY #SustainableInvesting #WealthManagement

📉 UK inflation eased slightly more than forecast with the headline figure dipping below the Bank of England’s 2% target for the first time in over three years. 👩💼 The jobs market remains relatively robust despite wages rising at their slowest pace in two years – a further sign that underlying inflationary pressures continue to ease. ✂ Markets are fully pricing a 0.25% rate cut next month, and a 70% probability of a further cut in December. 💳 Focus now is very much on the Budget and the implications for fiscal and monetary policy, and economic growth going forward. 💶 The European Central Bank cut rates by 0.25% yesterday as expected, with forecasters now looking for further cuts at every meeting through to mid-2025. 🌎 The macro backdrop remains key with geopolitical risk and the uncertainty of the US election weighing on investor sentiment. 💸 Sterling dropped back towards the 1.3000 level against the dollar on the weaker inflation print, while GBP/EUR is attempting to gain a foothold above psychological 1.2000 level. See more insight and analysis - https://lnkd.in/dJHH-ag5