Taylor Wimpey sees ‘robust’ demand in Q3
Although the UK housing sector’s biggest players have had mixed fortunes post-EU referendum, Taylor Wimpey saw strong third quarter sales growth, meaning there could be hope for the sector yet.
Brexit
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Barnett: Short-term pessimism clouding investors’ judgment
Stock markets have become overly sensitive to profit warnings from UK domestic companies and overseas earners, argues Invesco Perpetual’s Mark Barnett, but many of these firms are in much better shape than investors give them credit for.
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Woodford-backed report says City will be ‘hub of prosperity’ post-Brexit
The City will remain prosperous even after the initial shock of Brexit according to a report commissioned by Woodford Investment Management.
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BoE: Brexit will cost 75,000 finance jobs
Up to 75,000 jobs in financial services could be lost in post-Brexit upheaval, the Bank of England believes.
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European recovery ‘not a blip’
The European economic recovery is not just a blip, fund buyers believe.
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UK asset management to see post-Brexit exodus of EU nationals
The UK investment management industry is likely to lose many of its European professionals following Brexit, according to a survey by the CFA Society.
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PA ANALYSIS: Nothing the BoE does will be enough as Brexit bites
Consensus is the Bank of England is set to finally raise interest rates before the year is out after inflation hit a five-year high of 3% on Tuesday, but what happens next?
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Carney under pressure as inflation hits five-year high
UK Inflation hit a five-year high of 3% in September, making the prospect of Bank of England (BoE) raising interest rates next month even more likely.
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Govt sets up asset management taskforce
A taskforce to examine how the £8trn UK asset management business can beat the Brexit blues will be set up by the Treasury, City minister Stephen Barclay has revealed.
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RLAM launches £2.7bn property fund
Royal London Asset Management has unveiled a £2.7bn property fund, the largest launch of its kind, the firm has claimed.
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Chief Brexit negotiator backs federalised Europe
A federalised Europe is the only way to secure the survival of the European Union, according to one of its chief Brexit negotiators.
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UK AUM defies Brexit vote with 20% jump
The volume of assets managed in the UK increased 20% last year, undeterred by the decision to leave the European Union, according to Investment Association (IA) research.
