Economic update from Rathbones Fund Managers

"We believe that inflation will be kept tamped down by strong economic forces, but we don’t have a crystal ball.

The reopening surge could be explosive indeed. Take the UK: something like 90% of all self-catered holiday accommodation in the UK has been booked out for this summer. And that’s before we know whether anyone will

With the focus on kickstarting the economy, perhaps some of the tax rises we might have anticipated have been postponed for better times. However, there are still some less obvious ways the budget is set to bring in revenue.

Tax allowance freezes

Some of the tax allowances and thresholds will not move for years, meaning more and people are captured by them. This means