UK interest rate rise due in November but it should be August – F&C
The first UK interest rate rise is likely to arrive in November, says F&C’s Steven Bell, but cannot come soon enough.
The first UK interest rate rise is likely to arrive in November, says F&C’s Steven Bell, but cannot come soon enough.
The ‘slow and gradual’ UK interest rate outlined by the Bank of England will be too little, too late, according to Brooks Macdonald’s Toby Thompson.
The concept of daily liquidity for bond funds could soon be tested like never before if some of the more pessimistic market commentators are proved right.
George Osborne’s announcement that the government is to sell its stake in Royal Bank of Scotland may lead to shareholder upside according to industry experts, though investors should exercise caution.
Declaring ‘the age of irresponsibility’ over, the governor of the Bank of England has announced plans to extend tough new rules on senior management behaviour to asset managers.
Aside from revising growth lower and putting an end to sterling’s election-led rally, The Bank of England’s May inflation report once more placed the spotlight firmly on productivity growth as the possible bad apple that could upset the whole cart.
Inflation should return to its 2% target within the next two years, the Bank of England said on Wednesday, but labour productivity remains the key uncertainty, as it downgraded its forecast for UK GDP growth from 2.9% for 2015, to 2.5%.
Markets were buoyed on Friday by the unexpectedly clear triumph of the Conservatives, but while one question hanging over investors and the country has been answered a bigger one now looms.
Worries over UK deflation are misplaced, says Cazenove Capital Management CIO Richard Jeffrey, the forward outlook is promising.
According to analysts, the 1.6% headline inflation number means a rate hike this year is becoming less likely.
Bank of England governor Mark Carney struck a notably more dovish tone in his public remarks today despite
The release of inflation and wage growth figures over the past couple of days and the mixed reaction to them have added to an increasingly complex macro picture in the United Kingdom and made it more difficult for investors to make accurate calls on future numbers and policy decisions.