The first cut is the deepest
Iain Pyle, Manager of Shires Income PLC, discusses the Bank of England's recent interest rate cut and how it signals optimism for the UK economy, particularly for small and mid-cap companies.
The Company’s investment objective is to provide shareholders with a high level of income, together with the potential for growth of both income and capital from a diversified portfolio substantially invested in UK equities but also in preference shares, convertibles and other fixed income securities.
Investment managers Iain Pyle and Charles Luke have managed Shires Income since May 2018, following the quality focussed process and philosophy of the 15 strong UK equities team at abrdn (one of the best resourced UK equity teams in the industry).
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.