HAY HILL WEALTH 

CIO Stephen Dowds and Investment Director Charles Armitage discuss key events of the final quarter of 2025 and the outlook ahead. Market Review The final quarter of 2025 rounded off a positive year for investors in terms of returns if not in terms of frayed nerves. Despite the lack of information on important US economic numbers as a result of the US government shutdown, investors appeared to take the view that the US Federal Reserve was becoming more inclined to cut rates in

The 2025 Autumn Budget has been widely billed as a “tax rises for all” statement, with freezes to thresholds, higher taxes on wealth and investment, and new levies on property. Commentators from the OECD and the Office for Budget Responsibility have already warned that the package could act as a “headwind” to growth and living standards. For many across the UK, the challenge isn’t absorbing more commentary. It is understanding, calmly and clearly, which changes matter for th

Our CIO Stephen Dowds and Investment Director Charles Armitage reflect on market trends in Q3 and share thoughts for outlook ahead. Market Review The third quarter of 2025 marked a significant rebound in global investment markets. Helped by a temporary reduction in acrimony around trade tariffs, cooling inflation numbers in Europe, and an annual review which resulted in a substantial downward revision to US jobs data, investors turned their attention back to the outlook for i

Hay Hill Wealth Management CIO Stephen Dowds and Investment Director Charles Armitage review key events of second quarter and share...