To view an online version of this newsletter in your browser please click here
Integra Financial
Bulletin Issue 36 : March 2020 View your Transact investments online
This Month : Corona Budget
 

Welcome to our March bulletin

Dear Client.

We hope this bulletin will keep you up-to-date with topical financial matters that can directly affect you… and your money!

Corona Virus

Brexit may have been the most talked about issue in 2019 but less than three months into 2020 and Corona has consigned Brexit to little more than a distant memory... for the time being at least. Until recently, most people associated Corona with the Mexican beer or, going further back, fizzy drinks!

Of course, everyone (not least the media) seem to have an opinion on what we should be doing to combat the spread, collectively and as individuals... particularly now it has been officially defined as a worldwide pandemic. Older members of the population (particularly those with underlying health issues) are those most at risk and our National Health Service is doing everything possible in preparation for a significant increase in admissions.

It has been somewhat dis-heartening to see how a small but, hysterical portion of the population have taken to panic-buying and stockpiling... with goods that many once looked on with disdain, such as tinned steak and kidney pies, which had all but disappeared from the shelves. Of course, we have all heard about the great toilet roll battles although, heaven knows how that silly scare story managed to gain so much momentum.

The Budget & Financial Markets 

Financial graph

Stock markets dislike uncertainty and the volatility we have witnessed recently... firstly because of Corona virus and the oil price war, secondly because of President Trump’s decision to ban all flights into the US from Europe for 30 days... has seen large sums wiped off global stock markets , which, in turn, has had a negative effect on your portfolio.

Ironically, Trump’s announcement come hot on the heels of a budget delivered by our new chancellor, Rishi Sunak, specifically designed to help combat the economic effects of the virus.

Budgets are frequently dull affairs that give with one hand whilst taking with the other. However, on this occasion Mr Sunak delivered a budget of monetary and fiscal stimulus, comprising some £30 Billion of Government spending. The Chancellors measures may not prevent major disruption of supply chains and other events being cancelled but it did represent a sincere and co-ordinated economic response that has been widely applauded on all sides of the political spectrum.

Although we think there will be further stock market upheaval in the weeks and months ahead, we also believe that markets will gradually start returning to normal, once there is informed opinion regarding exactly when the virus will peak. Market corrections come in all manner of shapes and sizes (and will continue to do so in the future) but, when ‘smoothed out’ across time, they still represent an upward trend.

Your Views

We are always keen to hear your views. Please visit www.integrafinancial.co.uk or email advice@integrafinancial.co.uk and let me know if you think we should do anything differently.


regards, Jeremy Hill
 www.integrafinancial.co.uk

We always welcome your feedback

Your Financial Planning... Don't delay!
It's never too soon to act.

Whether planning your children's or grandchildren's Further Education, arranging mortgages, life cover or your pension provision - please chat with us to discuss what options may be best for you.
Find out more >

 
Need Advice?
We're here to help.
You can contact us at any time to discuss any financial matter that may be of concern to you.

Telephone: 01344 874490 
or email us at advice@integrafinancial.co.uk

     
Why not Skype us or Facetime us
Skype is a dynamic way of communicating with us via your computer.

All you need is a web camera and it is then possible to hold a conversation with us 'face-to-face'. If you would like to use this skype facility please email us. You can also Facetime us if you prefer.

 
Your email address
If you have received a paper based version of this newsletter it means we do not currently have a record of your email address.

Providing your email enables us to contact you more quickly than using the postal system… and ensures that we can send you future newsletters electronically.



Unsubscribe
Integra Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FRN 612749). Registered in England & Wales at 1 Summerwood, Charters Road, Sunningdale, Ascot, Berkshire, SL5 9SQ. Company Registered Number - 6390466