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Content on this website is intended only for institutional or professional investors and is for informational purposes only. It does not constitute investment advice, a recommendation, or an offer to sell or solicit any security.

Crisis, what crisis?

Baker Kell Cumming Limited

Before the General Election, we predicted that national fiscal conditions are likely to force the Chancellor to contradict her (what were then future) fiscal rules. By the end of this year, we expect the Chancellor to be in a politically impossible position of having to choose between keeping to a disproven fiscal strategy or forsaking the support of Labour MPs and trade unions. Either option is likely to force this administration to seek a new electoral mandate before the end of 2027.

Read more...

Baker Kell Cumming Limited

Monday 13th January 2025

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