Oil Rally

Over the past few months, oil has continued to rally, thanks to combined risks of supply shortfalls from both Iran and Venezuela. Since the lull in February, West Texas Intermediate (WTI) crude oil has risen from circa $58 to circa $73 (as at 22/05/2018), a rise of over 25% in circa 3 months. Brent crude […]

Investment Commentary Q1 2018

The latest 4 Shires investment commentary is now available! Click here to view our investment commentary for Q1 2018. The topics in this commentary include: Macron, reform and the railways Russia’s democracy of one Trump’s ‘trade war’ and China economic reforms Inheritance tax mitigation – AIM portfolio service Stocks: Unilever, QinetiQ, Dart Group Markets: Sterling’s […]

Pensions & Retirement Taxation

For many of our clients who invest in personal pensions (SIPPs) the tax situation can seem complicated, and indeed large quantities of current pension regulation is full of jargon and terminology that requires professional qualifications. We thought it would be worth highlighting some of the main tax considerations for looking at pension saving, spending and […]


Italians went to the polls on 4th March, delivering an apparent blow to establishment parties. Yet whilst the Democratic Party has been ousted from government, and Silvio Berlusconi’s Forza Italia has been demoted to junior partner in its right-wing coalition, no individual party or pre-election coalition managed to obtain enough seats to form a majority. […]

Trump Tariffs

President Trump has imposed a 25% duty on steel imports and 10% on aluminium imports into the USA. Canada and Mexico have been given a temporary reprieve, with the threat of an equivalent tariff becoming the proverbial sword of Damocles hanging over future NAFTA renegotiation talks. Calls for further tariffs have come from an unlikely […]