Climate change is top of the agenda as the Glasgow Climate Change Conference (COP 26) comes to an end. World leaders congregated to discuss how to limit emissions and develop more sustainable economies, with varying options on their success. Many people know that there are ways to live in a way that helps protect the environment such as recycling, limiting road and air travel and reducing meat consumption.
What is the state of the British stock market, and how could things transpire in 2022? Predicting the future is, of course, impossible. Yet there are trends, structural conditions and market forces at play which could indicate some likely scenarios. Below, our financial planning team at WMM discusses the UK investment outlook for the 2021-22 financial year. In so doing, we will show the importance of diversifying your investments – domestically and globally – to minimise risks to your portfolio in the years ahead.
In early November, the Bank of England (BoE) surprised traders, investors and fund managers by holding interest rates steady, at their historic low of 0.10%. Many analysts had forecast that these would rise to 0.25%, leading to high street banks raising their own rates in anticipation – making mortgage deals more expensive.