“We are at an inflection point”
Donald Trump was the key factor shaping global affairs in 2025. Liberation Day trade traumas had a far-reaching impact back in April
Looking ahead: A new year, a clear plan
Start 2026 with a clear plan and peace of mind. We’re here to help you protect and grow your wealth with clarity and purpose, whether that means reviewing investments, revisiting pension arrangements or preparing for key milestones.
Opinion on the year ahead
The following perspectives draw on insights from leading banks and institutions and are offered for thoughtful consideration for the year ahead
Economic Review – December 2025
In our Economic Review of December – the Bank of England (BoE) warn further reductions were likely to become a ‘closer call,’ analysts suggest uncertainty ahead of the Budget affected growth, negatively impacting both consumer and business spending levels and retail conditions remain challenging.
News in Review
Interest rates edge lower, tax relief eases pressure on farmers, retail footfall rises and the FTSE breaks new ground
Autumn Budget 2025
The Chancellor’s Budget boosts fiscal headroom, maintains tax pledges and forecasts stronger growth with falling inflation
Economic forecasts
The Chancellor’s Budget boosts fiscal headroom, maintains tax pledges and forecasts stronger growth with falling inflation
Personal taxation, savings, wages and pensions
Tax thresholds frozen to 2031, ISA rules tighten, wages and pensions rise to support households
Business measures
Business measures boost investment, skills and growth with new listing relief, visa reform and £5bn scale-up funding
Housing and infrastructure
The Budget aims to boost investment across public services and communities
