the big tests for gilts and sterling
In between the “yes” and “no” votes in Scotland, and the stick or twist spats within the MPC, are a whole lot of maybes; and we all know how markets respond to uncertainty.
Scottish Independence
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Delaying a UK rate hike inflationary shock
The possibility of a delayed rate hike in the UK combined with a more active ECB could create an inflationary shock, says Kames head of fixed income David Roberts.
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The big question
The Scottish independence referendum will take place on 18 September. The debate is heating up on a daily basis but heat does not always produce hard facts, and a clear picture of what independence would mean for the financial services industry in Scotland remains elusive.
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PA OPINION Whisper Scotland UK September
Scotland will more than likely vote “No” to independence in September but those with clients in investment trusts incorporated north of the border would be daft not to examine the impact of a “Yes” vote.
