Weekly Outlook: Currys and AO World full-year results
Key events for wealth managers for the week beginning 24 June
Author: Hannah Williford
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Bank of England holds rates at 5.25% for June
Industry commentators discuss hold decision
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AJ Bell: Labour and Conservative manifestos leave revenue questions
Conservative and Labour parties both promise no increases to income, VAT, or corporation tax
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UK inflation falls to 2% target
The likelihood of interest rate cuts are still ‘off the table’, say commentators
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AML Group: 75% of investors see ChatGPT providing reliable investment advice in the future
Investor confidence at highest level since study launched in 2020
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Morningstar introduces LGBTQ+ Leaders index
Index holds 100 companies with strong LGBTQ+ inclusivity practices
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Investment trusts set year-record for mergers by June
Previous record set in 2021 with five mergers
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Schroder Emerging Markets Value fund opened to UK investors
The fund was originally launched in September 2020
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Snowball CEO Daniela Barone Soares awarded OBE
She emphasises ‘seeing finance in service of people and planet’
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Weekly Outlook: BoE interest rate decision and Ashtead results
Key events for wealth managers for the week beginning 17 June
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Federal Reserve maintains rates, lowers dot plot cut projections
Industry commentators react to Fed rate hold
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Lower US CPI inflation surprises in May
Reading comes ahead of Fed interest rate decision
