Battle of the banks: Should investors turn to challengers or stick with incumbents?
Several fund managers debate the merits of investing in the ‘Big Five’ lenders amid a busy month for the sector
Boe
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Bank of England: UK banks well protected from interest rate hikes
The BoE’s Financial Stability Report warns that market-based finance sector remains ‘vulnerable’
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Chancellor Hunt addresses inflation, regulatory shifts and reform in Mansion House speech
High levels of inflation are ‘not insurmountable’ amid ‘resilient’ UK economy
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BoE votes 7-2 to lift rates to 4% with further hikes likely
As the central bank acknowledges inflation has likely peaked
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Inflation falls to 10.5% in December
Market watchers split on what declining inflation will mean for future rate rises
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BoE bumps rates by largest single increase in 33 years
Market watchers expect pace of rate rises to slow following 75bps increase
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Weekly outlook: Central banks take centre stage as BoE and Fed eye up further rate hikes
Key events for UK wealth managers for the week starting 13 June
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‘As much as BoE could do short of sending money to everyone’s bank accounts’: six takes on emergency rate cut
Mark Carney slashes rates to 0.25% before handing the torch to Andrew Bailey
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Summer rate rise less likely on stubborn inflation
Stubborn inflation data and an unexpected decline in wage growth have made a summer rate rise look like an increasingly distant possibility.
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Brexit transition deal leaves unanswered questions
The 21-month transition deal agreed between the UK and European Union is a welcome step but leaves unanswered questions regarding Brexit’s impact on UK businesses, industry figures have warned.
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Carney calls for cryptocurrency regulation
Bank of England governor Mark Carney has warned that cryptocurrencies are “failing” and called for them to be regulated to prevent illegal activities.
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Draghi ‘confident’ about QE effectiveness as Carney frets over UK consumer
ECB president Mario Draghi delivered an upbeat message on the eurozone recovery on Tuesday as BoE governor Mark Carney addressed concerns over the level of household debt.
