We are now well into 2025, and there is plenty to discuss! In this quarterly market update, Hannah Kennedy is joined by Dr Scott Osborne to delve into some of the key themes for Q1 2025:

• What exactly is a tariff? Why do they matter, and what could be the impact of tariffs under Trump 2.0 on global trade, businesses, and investors?
• With Trump back in office, what policy changes are we keeping an eye on, and how might they influence markets in the month ahead?
• Last week, the Bank of England cut the base rate to 4.5%. What does this mean for the UK economy, inflation, and our UK outlook?
• Finally, we take a closer look at how the VT Astute funds are positioned.