. Please wait...

This promotion – while not financial advice – should be read carefully. It contains the important information, facts and figures you need to make an informed decision – including the risks to your capital involved – about our research. If you are unsure whether this type of investing is right for you, seek independent personal financial advice.

An urgent warning, from Nigel Farage:

“Now They’re Coming For
Your Money!”

Nigel Farage exposes a new form of financial control – trialled by Rishi Sunak and the Bank of England – that could give the state total authority over your money…

Discover the truth about Britain’s new ‘surveillance currency’ – and the FOUR steps you can take to help protect yourself NOW – before it's too late:

Broadcast begins in:


Click here to join NOW

You can review your order before it’s final

Important Risk Warning

Advice in The Fleet Street Letter does not constitute a personal recommendation. Any advice should be considered in relation to your own circumstances. Before investing you should consider carefully the risks involved, including those described below. If you have any doubt as to suitability or taxation implications, seek independent financial advice.  

General - Your capital is at risk when you invest, never risk more than you can afford to lose. Past performance and forecasts are not reliable indicators of future results. Bid/offer spreads, commissions, fees and other charges can reduce returns from investments. There is no guarantee dividends will be paid. 

Overseas shares - Some recommendations may be denominated in a currency other than sterling. The return from these may increase or decrease as a result of currency fluctuations. Any dividends will be taxed at source in the country of issue. 

Funds – Fund performance relies on the performance of the underlying investments, and there is counterparty default risk which could result in a loss not represented by the underlying investment.  

Bonds – Investing in bonds carries interest rate risk. A bondholder has committed to receiving a fixed rate of return for a fixed period. If the market interest rate rises from the date of the bond's purchase, the bond's price will fall. There is also the risk that the bond issuer could default on their obligations to pay interest as scheduled, or to repay capital at the maturity of the bond. 

Taxation – Profits from share dealing, including both capital gains and dividends, are subject to capital gains tax and income tax respectively. Interest received from bonds is subject to income tax. 

Capital gains from commodities are subject to capital gains tax. Tax treatment depends on individual circumstances and may be subject to change in the future.

The Financial Conduct Authority does not regulate certain activities, including the buying and selling of commodities such as gold, and investments in cryptocurrencies. This means that you will not have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme. 

Investment Director: Eoin Treacy. Editor-in-Chief: Nick Hubble. Editors or contributors may have an interest in shares recommended. Information and opinions expressed do not necessarily reflect the views of other editors/contributors of Southbank Investment Research Limited. Full details of our complaints procedure, privacy policy and terms and conditions can be found at, www.southbankresearch.com

The Fleet Street Letter is issued by Southbank Investment Research Limited. 

Registered in England and Wales No 9539630. VAT No GB629 7287 94. Registered Office: 2nd Floor, Crowne House, 56-58 Southwark Street, London, SE1 1UN.  

ISSN 0300-4228

Contact Us 
To contact customer services, please call us on 0203 966 4580, Monday to Friday, 9.00am - 5.30pm. 

Southbank Investment Research is authorised and regulated by the Financial Conduct Authority. 

FCA No 706697. https://register.fca.org.uk/.  

© 2023 Southbank Investment Research Ltd. 

Fleet Street Letter portfolio performance:

Whisky Portfolio annual performance: 2017 +5.4% / 2018 -4.3% / 2019 +21.4% / 2020: +20.1% / 2021 +12.9%

Soda Portfolio annual performance: 2017 +8.8% / 2018 -1.8% / 2019 +19.6% / 2020 +8.9% / 2021 +14.3%

Source list

1. “The Future of Money: Gearing up for Central Bank Digital Currency” International Monetary Fund, 09/02/22
2. “China's 'social credit' system ranks citizens and punishes them with throttled internet speeds and flight bans if the Communist Party deems them untrustworthy” Business Insider, 28/11/22
3. “Government Mulls Money That Can Only Be Spent on Approved Items” Mind Matters, 25/02/22
4. “105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows” Bitcoin.com, 06/06/22
5. “Inflation 'will soar to 50-year high of 18.6% by end of January'” Metro News, 22/08/22
6. “UK Pensions Still Dumping Assets Before BOE Pulls Support” Bloomberg, 06/10/22
7. “The Gold Standard System” World Gold Council, accessed on 09/12/22
8. “The Devaluation of the British Pound, September 21, 1931” New World Economics, 22/05/2016
9. “Nixon Broke With Gold 50 Years Ago. What Comes Next?” Bloomberg, 15/08/21
10. “Central Bank Digital Currencies (CBDCs)” ConsenSys, accessed on 09/12/22
11. “The digital currencies that matter” The Economist, 08/05/21
12. “Private-sector CBDC activity cranks up in UK” Global Government Fintech, 19/08/22
13. “What If Central Banks Issued Digital Currency?” Harvard Business Review, 15/10/21
14. “Australia is investigating a digital currency, or e-dollar, but its benefits seem slight and the risks to privacy large” The Conversation, 05/05/22
15. “China’s Digital Yuan Is All about Data—and, Perhaps, Control” Industry Week, 01/09/21
16. “The Central Bank Digital Currency is on the horizon” The Spectator Australia, 07/03/22
17. “Canadian 'Freedom Convoy' vows to stay in Ottawa as tens of thousands of protesters pledge to 'create chaos' until government reverses vaccine mandates: Vital US border route is blocked after Trudeau flees city and Elon Musk backs truckers” Mail Online, 31/01/22
18. “Canada says it will freeze the bank accounts of' Freedom Convoy' truckers who continue their anti-vaccine mandate blockades” Business Insider, 15/02/22
19. “Canadian MP says single mom has had her bank account frozen for donating $50 to Freedom Convoy” Daily Mail, 21/02/22
20. “BoA snooped through hundreds of accounts looking for Capitol rioters” Daily Mail, 05/02/21
21. “China hands out $1.5 million of its digital currency in one of the country’s biggest public tests” CNBC, 12/10/20
22. “CBDC pilot: Payments industry group to launch trial for UK digital currency” City A.M. 09/02/22
23. “Prepare for ‘Britcoin’? Bank of England and HM Treasury launch CBDC taskforce” Global Government Fintech, 19/04/21
24. “Cryptocurrency fans are very excited about having Rishi Sunak as PM” Metro News, 26/10/22
25. “Powell Says Fed Plans Recommendation to Congress on CBDC” CoinDesk, 23/06/22
26. “European Central Bank Advances CBDC Project” Comply Advantage, 26/05/22
27. “Central Bank Digital Currency Experiments” Bank of Japan, 26/05/22
28. “UK central bank digital currency” Bank of England, 01/09/22
29. “Central Bank Digital Currency Tracker” Atlantic Council, 09/12/22
30. “Contactless makes up a third of all payments, while cash use falls again in 2021” UK Finance, 17/08/22
31. “China’s Digital Yuan: A Threat to Freedom” Cato, 25/08/21
32. “China’s Digital Yuan Is All about Data—and, Perhaps, Control” Industry Week, 01/09/21
33. “Obituary: The 17th Earl of Lauderdale” Church Times, 17/12/08
34. “Great Moments: Kennedy, Cuba and Cigars” Cigar Aficionado, accessed on 09/12/22
35. “Why Savvy Investors Include Argyle Pink Diamonds” Leibish, accessed on 10/11/22
36. “Markets 2022: These 3 charts show just how bad assets performed” Fortune, 01/07/22
37. “When will house prices fall?” Times Money Mentor, 07/12/22
38. “CBDC systems should focus on programmable payments” OMFIF, 12/12/22
39. “‘Britcoin’ not bitcoin? UK considers new digital currency” Reuters, 19/04/21
40. “The UK economy could be transformed by a central bank digital currency” The Guardian, 14/06/21
41. “UK May Need Digital Pound, Bank of England's Jon Cunliffe Says” CoinDesk, 21/11/22
42. “How banks and the government keep track of suspicious financial activity” PBS NewsHour, 17/05/18
43. “Wall Street banks brace for digital dollars as the next big disruptive force” CNBC, 19/04/21
44. “US Dollar Devalues by 99% vs Gold in 100Years as Gold Price Crosses $2,067” The Gold Observer, 06/08/20
45. “International Dimension of CBDC: A Network Analysis” Bis, accessed on 09/12/22
46. “China hands out $3 million of digital yuan as JD.com becomes first online platform to accept it” CNBC, 06/12/20
47. “China plans to hand out $1.5 million in a digital currency test during the Lunar New Year” CNBC, 08/02/21
48. “China’s digital yuan is now in 23 cities” Yahoo Finance