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.