Money managers unconcerned by sterling slip
Prime Minister Theresa May’s latest remarks on the UK’s single market access prompted a selloff in the pound on Monday, marking a ten-week low against the dollar.
Prime Minister Theresa May’s latest remarks on the UK’s single market access prompted a selloff in the pound on Monday, marking a ten-week low against the dollar.
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The pound has collapsed under the pressure of aggressive post-Brexit rhetoric, but is it destined to fall further in the short-term?
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In Orwell’s dystopian masterpiece 1984, Room 101 represents the “worst thing in the world”. 101 days on from the EU referendum, it’s up to Theresa May to convince the dissenters that Brexit is not a portal to their worst nightmares.
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Current executive pay structures both fail to incentivise performance and add to a growing reputational risk for all market participants, the Investment Association’s Executive Remuneration Working Group has said.
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