Chancellor Rishi Sunak delivered a “sobering picture” of the UK economy in his one-year Spending Review, with Covid-19 leaving “long lasting” scars, according to industry commentators, who predict that this further round of spending will need to be paid for through higher taxation.
"The Chancellor spelt out quite clearly the extreme damage that has been done to the economy; the numbers are frightening," Neil Birrell, CIO at Premier Miton Investors, said. Sunak confirmed to the...
Cuts fees across multi-manager range
Third highest monthly figure since 1993
Took office yesterday
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn
From the horse's mouth