Coutts

How tariffs are felt through personal inflation This chart illustrates how tariffs – which are essentially taxes on imported goods – significantly increased prices for consumers during the last US-China trade war. Here’s what you need to know: 1)  What happened: a. When tariffs were last introduced in 2018-2019 on goods like auto-parts, furniture and electronics, prices for these items rose noticeably. The chart shows that ‘tariff-impacted goods’ became more expensive, while other goods remained relatively stable. 2) Why it matters: a.  70% of the tariff costs had a direct impact on consumers – essentially meaning you paid more at the store. b.  If similar tariffs are introduced this could increase inflation, or stall/reduce the speed of disinflation. 3) Looking ahead: a. Analysts estimate that a 1% increase in the effective tariff rate can raise prices by around 0.1%. Tariffs affect consumers’ wallets directly and also mean businesses could face higher costs. They key takeaway is that although overall tariff impacts on inflation can be more limited, sector or goods specific tariffs can still have a meaningful impact on household budgets and ‘personal’ or felt inflation.

We were delighted to cohost our annual investor event for the UK Enterprise Fund with BGF at Coutts on the Strand in London recently. We welcomed a group of clients to hear from BGF’s executive team as well as five entrepreneurs across key growth sectors to showcase Coutts’ Private Markets strategy. We’d like to thank everyone for their participation and look forward to 2025 for all the 120+ UK Enterprise Fund portfolio companies. Andy Gregory CEO at BGF, said, “It was great to meet with so many of the UKEF investors and to hear directly why they chose to invest. These funds provide Coutts clients with access to an exciting part of the market, introducing them to some of those that are leading these businesses. This helps bring to life the opportunities that they’re backing” If you’re interested in hearing more about how Business Leaders can benefit and help enhance their company’s growth, read our article at https://lnkd.in/gyVA7EgC Ben Barker

ORDER DEADLINE APPROACHING redeem by 12 December to guarantee delivery in time for Christmas. Log in to our digital services and explore THANK YOU FROM COUTTS or visit coutts.com/rewards to see how you could elevate your celebrations this year.

DON'T FORGET TO REDEEM A FESTIVE REWARD by 12 December to guarantee delivery in time for Christmas. Log in to our digital services and explore THANK YOU FROM COUTTS or visit coutts.com/rewards to see how you could elevate your celebrations this year.

Read the full Investment Outlook 2025 report. https://lnkd.in/egjnGDnm

We’ve added around 100 new festive rewards to THANK YOU FROM COUTTS so that members can make the most of their Coutts Crowns this Christmas. But be quick, they won’t be available for long. Log in to our digital services and explore THANK YOU FROM COUTTS or visit coutts.com/rewards to see how you could elevate your celebrations this year.

We’ve added around 100 new festive rewards to THANK YOU FROM COUTTS so that members can make the most of their Coutts Crowns this Christmas. But be quick, they won’t be available for long. Log in to our digital services and explore THANK YOU FROM COUTTS or visit coutts.com/rewards to see how you could elevate your celebrations this year.

Stock markets stayed steady throughout the potential disruption of the US election and UK Autumn Budget. But what might investors expect next? Our monthly investment update covers market moves and how we’re positioning our client portfolios and funds. Capital at risk. https://lnkd.in/eQd_QWqw

We’ve added around 100 new festive rewards to THANK YOU FROM COUTTS, including this Sleighborne hamper, so that members can make the most of their Coutts Crowns this Christmas. But be quick, they won’t be available for long. Log in to our digital services and explore THANK YOU FROM COUTTS or visit coutts.com/rewards to see how you could elevate your celebrations this year.

London’s prime property market is showing its resilience with the number of sales 14% higher than the 10-year average. And with interest rates expected to fall and the mortgage market slowly improving, such sales could get a further boost. The latest Coutts London Prime Property Index reveals all the latest trends for homes worth £1 million or more across the capital. It also includes a postcode selector for a deep dive into specific areas. Take a look. https://lnkd.in/ey4aVA2i #Property #PrimeCentralLondon #London #LondonProperty #Investment #InterestRates #mortgage #estateagent