Wyn Thomas - Axys Investment Management

Weekly Market Update 24th April 2015

DEFICIT REDUCTION REMAINS KEY ELECTION THEME

Election tedium rumbled on this week, with the Institute for Fiscal Studies being particularly scathing over the lack of clarity or cohesion in the economic plans of any main party. While it is accepted that some parties will cut more, and others less, the IFS were particularly critical of all of the main parties for their lack of detail regarding tax, spending and borrowing plans. The state of the nation’s finances will likely leave politicians just tinkering around the edges of economic policy rather than imposing a radical overhaul. Perhaps the most exciting part will be the horse trading which takes place in the aftermath of 7 May. Read More……