Weekly Market Commentary - 7 October 2022

This week saw the UK markets partially recover from their lows following the mini-Budget after the chancellor Kwasi Kwarteng abandoned plans to scrap the 45p additional rate of income tax. Sterling recovered from its low of $1.035 to a high of $1.13 albeit briefly.

Uncertainty still remains in the UK as rating agencies Fitch and S&P lowered the UK’s credit outlook from stable to negative.

If you are concerned about your exposure to the UK markets, one of our advisers would be happy to review.

Click here to view the market commentary.

You might also be interested in:

Investments
Weekly Market Commentary - 30 January 2023
Investments
Weekly Market Commentary - 23 January 2023
Investments
The 2022/23 end of tax year guide: 7 allowances to make use of before 5 April 2023
Pensions
How to plant trees and help reforest the world in 2023, and beyond