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Tatton Asset Management Plc

Government ordered recession

Just like the spread of the COVID-19 coronavirus itself, the rate of policy change over the last few weeks has been astounding.

A week ago, Boris Johnson and co. were content to isolate the sick, have the public wash their hands and provide £30bn to fight the virus – but otherwise go about business more or less as usual.

Since then, the country has been told to stay at home, schools and universities have closed, 20,000 military personnel have been put on standby and the government has increased its fiscal support against the virus fallout to £350bn. In London, heavy travel, shopping and socialising restrictions are to be imposed and – despite the government’s claims otherwise – rumours abound that the capital is to be sealed off and put into lockdown.

Given how fast things are now changing, this could be out of date news by the time of reading.

Tatton Asset Management PLC (LON:TAM) offers a range of services to directly authorised financial advisers in the United Kingdom. The Company provides on-platform portfolio management, regulatory, compliance, and business consulting services. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.