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Autumn Statement Response
Chancellor of the Exchequer Jeremy Hunt promised to put the country’s finances on an even keel, giving heavy hints that he would target those with the broadest shoulders. The Investment, Private Client and Corporate Teams give their initial assessment of today’s Autumn Statement.
Markets jump up – the Biden effect or vaccine hopes?
Stock markets rallied strongly this morning with most European markets up more than 5%. But was this really the markets expressing joy at the election of Joe Biden, or rather a huge rally on news that Pfizer has trialled a successful Covid-19 vaccine?