Wealth Management Update – March 2019

Welcome to our March newsletter.

This month, Chancellor Philip Hammond delivered the second Spring Statement against a backdrop of political turmoil, following the voting down of Prime Minister Theresa May’s Brexit withdrawal deal.

Despite describing the economy as ‘remarkably robust’, the Chancellor offered a clear warning on the potential impact of a no-deal scenario, which he said would put progress on the public finances ‘at risk’ and cause ‘significant disruption’ to the UK economy. The Chancellor also confirmed that a full Spending Review will conclude alongside the 2019 Autumn Budget.

One thing to remember for the end of the month: clocks go forward on 31st March. As our evenings grow lighter and the flowers bloom, we hope you enjoy this edition of our newsletter.

If you have any queries at any point, please contact Roy Thompson, Head of Wealth Management, on 01903 234094.