It is always a pleasure to spend time in the company of Messrs Neil, Nelson and Forsyth. True to form, an evening of lively dialogue, in a packed auditorium at the Royal Institute of British Architects, discussing the implications of the chancellor’s spring statement last week, did not disappoint.
Prior to the event I have to admit to being a tad gloomy. This had less to do with the cold I was nursing, and more to do with a call I received recently from a broker friend of mine. He told me that one of his clients, running a multi-billion dollar global equity fund out of New York, had just sold his last remaining UK equity. Hardly music to the ears of an UK equity fund manager.
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My rather sombre mood, however, gave way to a greater degree of optimism following the results of an online Twitter poll, the results of which I announced on the night of The Spectator’s post-spring statement event.
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