The healing process
For months, the American economy has shrugged off a muddled response to the pandemic, posting better-than-expected numbers. Reality may finally have caught up, notes chief investment officer Julian Chillingworth.
COVID-19 has delivered another blow to Britain’s retailers, and that will have an impact on the High Street. But the powers of creative destruction always generate fresh opportunities, too. Can the hearts of our towns and cities find a new life and raison d’être?
The global economy is reopening for business as the COVID-19 virus recedes, and the groundwork has been laid for a speedy recovery by massive government and central bank stimulus.
People are extremely adaptable as prolonged lockdowns have shown. Yet chief investment officer Julian Chillingworth ponders how changes to the way we live will shake out in the coming months and years.
After the pandemic response, outstanding UK government debt is now as big as the whole economy. But that’s not necessarily an alarm bell, says chief investment officer Julian Chillingworth, as long as it’s spent on the right things.
The coronavirus is hurting the pockets of many charities, but the British tax system is remarkably generous to those who want to help.
UK GDP fell off a cliff during the lockdown. That shouldn’t be a surprise, argues chief investment officer Julian Chillingworth, shutting down commerce was the point.
During the COVID-19 outbreak, Rathbones is continuing to deliver its full range of services, remaining focused on serving our clients and partners.
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We have established a successful “remote working” model and the majority of Rathbones employees are now working from outside the office. Your investment manager or other usual Rathbones contact is available to you on their usual landline or mobile telephone number or email address, so please do feel free to get in touch.