For a week, the world watched the Ever Given container ship, carrying 18,300 containers wedged in the Suez Canal. On Monday, it was freed, although the ripple effect will flow throughout the supply chain for some time.
Overall, we believe the unemployment rate will stay around its new level for the next few months as the economy consolidates and handles the transition out of high levels of government support to the business sector.
For nearly all family offices, the events of 2020 certainly didn’t kickstart the decade in the way they may have envisaged. In a year where the nation suffered both environmental and economic shocks, resilience was certainly put to the test.