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

11 - 15 March 2019
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 7,228 +1.37% 7,904 6,537
Dow Jones
(US)

25,849

+2.54% 26,952 21,713
Nikkei
225

21,451

+1.84% 24,448 18,949
DAX  11,686 +1.63% 13,204 10,279

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