Weekly Outlook: Currys and AO World full-year results
Key events for wealth managers for the week beginning 24 June
Macro News
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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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Reform UK pledges mass tax cuts in manifesto launch
Party says the BoE should cease interest payments to commercial banks on the £700bn bonds it holds as a result of QE
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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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Labour unveils manifesto targeting ‘wealth creation’ as top priority
However, commentators warn the lack of a concrete commitment to not raise CGT could concern investors
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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
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Conservatives pledge to deliver further cuts to National Insurance
Rishi Sunak delivered the party’s election manifesto at Silverstone today
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Coller Capital: One third of investors plan increase to alternative assets
64% believe one of the private equity managers they invest with will merge or be acquired in next two years
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Unemployment rises and job vacancies fall in UK labour market data
Latest data could ‘put a dampener’ on hope of a summer rate cut