Wage growth and vacancies slip as rate rises weigh down economy
Wage growth excluding bonuses eased to 7.7%
Macro News
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UK GDP stalls between July and September
Higher interest rates ‘slowing down the pace of activity’
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Weekly outlook: Vodafone reports and US retail sales data
Key events for UK wealth managers for the week starting 13 November
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Preference gap between advisers and clients on exposure to early-stage stocks
Octopus survey of close to 1,000 UK adults who use an adviser
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Weekly outlook: Associated British Foods and AstraZeneca to report
Key events for UK wealth managers for the week starting 6 November
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Bank of England holds rates at 5.25% with MPC divided
Committee voted by a majority of 6-3 for the hold
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‘Volatility will likely pick up again’: Fed holds fire again as Powell strikes more dovish tone
Chair Jerome Powell’s commentary was where interest lay
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AIC survey: Advisers and wealth managers ‘deeply sceptical’ about fund sustainability claims
Only 24% of advisers see ESG investing bolstering investment company performance
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Weekly outlook: Monetary policy decisions from the Fed, Bank of England and BoJ due
Key events for UK wealth managers for the week starting 30 October
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ECB holds interest rates at 4% after 10 back-to-back hikes
Commentators debate the likely path ahead for monetary policy
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House of Lords announces inquiry into regulatory bodies
Call for evidence inquires on relationship between government and regulators
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UK unemployment edges up to 4.2% as ‘experimental’ calculation used
ONS introduces new process which uses tax data and benefit claims