Overall Market Backdrop, November:
- On November 15th, it was announced that UK inflation fell in October by the largest single month decline since 1992 (down to 4.6% from 6.7% in September).
- President Xi Jinping of China visited President Biden in the U.S in an effort to normalise diplomatic relations after months of barbed words.
- On November 22nd, the Chancellor of the Exchequer (Jeremy Hunt) gave his Autumn Statement to
parliament.