The Pound starts June well, but unlikely to carry on
A Spanish Power of Attorney is the key that unlocks the door to property purchasing in Spain. Recent events have shown the importance in having a POA in place.
Making an emergency Will during lockdown and in the period of de-escalation. These past couple of months have been as difficult as most people can remember in living memory. People in Spain, our clients included, have been profoundly affected by Coronavirus.
All Sterling exchange rates have moved a little higher this morning, but for now has not really clawed back the loses we saw yesterday. This morning’s data was better-than-expected for the most part but just be reminded that April and Q2 conditions are going to be much worse considering that the UK only went into lock-down on 23rd of March. Not to mention that conditions at the start of Q1 also got a boost from post-election euphoria, which has long faded away and will not see a recurrence this quarter. That coupled with Brexit negotiations risks, will deter business investments even more alongside an uncertain recovery path in the coming months. In short, yes, the data was 'not as bad as expected' but it doesn't give much to be optimistic about when you factor in all the other circumstances at play
The Government will lay out a more extensive set of guidelines at 14:00 BST, while Prime Minister Johnson is set to appear before Parliament at around 15:30 BST to expand on Sunday' night's address.