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Author: Michael-Pierre Giraud, Head of Fiduciary Services, Jersey
As the global economy recovers from the effects of the pandemic, eyes will almost certainly turn to Africa as a source of long-awaited, accelerated growth.
A renewed buoyancy to the UK’s residential property market has taken many by surprise given the backdrop of both Brexit and COVID-19. But a frenzy of buying and selling activity across the UK in 2020 and the first quarter of 2021 saw house prices grow more than 10% annually.
When we look back on the global coronavirus pandemic in some distant future, it’s sure to be considered a watershed event on multiple fronts. One of the notable changes is likely to be in human behaviour that has become more socially distant, but also better prepared.
Taking action to protect yourself against future harm is a natural, human instinct. With economies still reeling from the COVID pandemic, it’s only natural then that more people are looking to spread their financial risk.