The new Labour government will be setting out its agenda in more detail soon with its first Budget. There may be big changes coming that affect your finances, or it may be an opportunity for a much-needed reset to encourage investment and boost economic productivity.
Investment Insights Q4 2024: Looking ahead to Labour’s first budget
By Rathbones Investment Management 3 October 2024
Article last updated 23 October 2024.
Our latest edition of Investment Insights leads with the economic implications of Labour’s first Budget, followed in our next article on what the new government’s first budget could mean for your money.
With the US election also just around the corner, we consider one important similarity that shouldn’t be forgotten – whoever wins, US government debt and deficits look set to keep growing.
This quarter, we also take a look at China’s struggling economy and how it affects the investment decisions we’re making. Meanwhile, our final article asks whether a potential ‘brain drain’ is on the way for UK companies amid a widening pay gap between US and UK CEOs.
Liz Savage and Ed Smith
Co-chief investment officers