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

 3 - 7 May 2021
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 7,098 +0.10% 7,164 5,526
Dow Jones
(US)

34,778

+2.57% 35,092 22,790
Nikkei
225

29,358

+1.15% 30,715 19,833
DAX  15,400 +1.37% 15,502 10,161

MJB Partnership on Twitter

Follow us on Twitter