When it comes to economic data, financial markets tend to be more sensitive to how close the numbers are to expectations than the figures themselves. We call this difference the ‘economic surprise’. Statistics about the UK’s labour market have delivered plenty of surprises over the past few years.
It is 25 years since Mrs Thatcher1 was driven out of Downing Street at the end of one of the most significant and controversial premierships in British political history. Does the passing of time make an assessment of her legacy any easier? And could history be repeating itself?
The amount of UK soil now dedicated to wine production has doubled in the past seven years. Last year England and Wales’s 470 vineyards produced over 6.3 million bottles and in the past 16 years we have produced more top-prize-winning sparkling wines than any other nation.
Thanks to the digital publishing revolution, it has arguably never been easier to get into print. The result: a lot of surprise hits that might once have been overlooked — and a lot of trash.
By Julian Chillingworth, chief investment officer, Rathbones
Yesterday’s Autumn Statement saw the Chancellor pull off a remarkable, career-reviving sleight of hand.
As the great-grandson of Sir Winston Churchill, Rathbones investment director Randolph Churchill works tirelessly to safeguard the legacy of one of the most towering figures in Britain’s history.
Investment director Robert Hughes-Penney recently hosted a Christian Embassy event at our head office. It was attended by 45 Ambassadors and High Commissioners to the UK. Ram Gidoomal CBE, a successful businessman and the chairman of the South Asian Development Partnership, explained how countries can use their diaspora communities to boost trade with Britain. Here Ram describes how migrants survive, thrive and contribute both to their adopted country and to their homeland.
John McDougall, from Rathbones’ research team, gives an overview of immuno-oncology, an exciting area of pharmaceutical research that could have a major impact on cancer treatment success rates.
Earlier this year, we asked Ledbury Research to conduct a survey to identify how our private clients feel about our service, both in general terms and with regard to specific issues such as treating clients fairly, how we communicate with them and their engagement with our digital services.