For once pension legislation was not changed in the Chancellor’s recent Budget and we think it is good news that tax relief and annual allowances have not been altered. The Budget was relatively quiet with regard to Financial Services and the main beneficiaries will be ‘first time buyers’ who can save on Stamp Duty.

Budget Review

Last Week in the Markets

8-12 January 2018
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 7,779 +1.07% 7,784 7,099
Dow
Jones
(US)

25,803

+1.96% 25,810 19,732
Nikkei
225

23,654

-1.23% 23,490 18,336
DAX  13,245 -1.15% 13,479 11,510

MJB Partnership on Twitter

Follow us on Twitter