Saxo Collaborates With BlondeMoney To Prepare For Autumn Budget Uncertainty

Saxo UK is collaborating with BlondeMoney to support investors in preparation for next month’s Chancellor’s Autumn Budget. The partnership, according to Saxo, will offer guidance as the market responds to potential fiscal changes.

BlondeMoney, founded in 2016 by Richard Brownlees and Helen Thomas, provides financial advice focused on the intersection of political risks and markets, helping investors navigate major political events.

Helen Thomas brings two decades of experience in government advisory, fund management, and banking. She previously advised Chancellor George Osborne during the financial crisis and has served on the CFA UK board.

Saxo Says The Collaboration Will Provide Expert Insights for Its Clients

Chief Executive Officer of Saxo UK, Andrew Bresler, commented on the development. He said the partnership will provide timely, expert insights for Saxo clients. It will enable them to make proper financial decisions in the months ahead with confidence. This becomes necessary as the Autumn Budget is likely to be a defining moment for markets in the UK.

Businesses and politics are intertwined in several ways. Many political decisions can have a massive impact on the direction of businesses. A single policy change can impact a business, while budgetary allocations can give business organizations an idea of the direction the government is headed.

With a strong knowledge of such government policies, businesses can make important financial decisions that will enable their firms to grow and thrive. Many firms have fundamental analysis experts who help them explain the direction of government policies and budgets and how such policies can impact their businesses.

Firms Eagerly Await The Changes In The Autumn Budget

The Autumn Budget is expected to bring measures addressing debt management and inflation. Some of the proposals under consideration include a property levy, tighter inheritance tax rules, and Capital Gains Tax. The budget will also consider pension reforms like new limits on salary sacrifice and flat-rate reliefs.

With the ISA reviews, many people may see it as an opportunity to save more on equities. Wider growth initiatives, such as business rates relief and planning reform, could be balanced out by frozen thresholds. These expected changes may affect investor sentiment, liquidity, and asset flows, increasing the demand for market guidance.

Meanwhile, Saxo has registered as a member of Platform Association, a trade group in the UK that represents investment firm providers across the UK and Europe. The association was established in September last year to give firms a collective voice on policy and regulatory matters. Saxo now offers pensions, ISAs, and investment accounts to financial advisers and retail clients in the UK.