Economy
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Aviva Investors: Central banks yet to win battle against inflation, interest rate hikes likely to continue
Global economic activity has proved stronger than seemed likely at the start of the year, given the scale of supply-side shocks that…
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UK economy shrinks by 0.1% in May raising chances of further interest rate hikes: reaction
News released by the Office for National Statistics (ONS) today has shown that UK GDP shrank by 0.1% in May 2023. It follows…
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BNY Mellon’s Geoff Yu: Rate hikes in Europe and UK may be the wrong option
With household spending and inflation across the Eurozone and UK remaining stubbornly high, Geoff Yu, FX and Macro Strategist for EMEA, BNY…
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Less than a third of pension scheme representatives support Chancellor’s Mansion House policy proposals, suggests XPS Pensions Group poll
A poll of 200 pension scheme representatives revealed that only 30% are currently broadly supportive of the Chancellor’s plans to encourage pension…
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US CPI showing just 3% rise to June – slowest inflation for two years: reaction
Investment experts share their reaction to US inflation data, which showed a rise of just 3% to June
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Saltus Wealth Index rises 2.3% as confidence amongst High Net Worth Individuals starts to improve – but there is still a long way to go
There are signs that financial confidence amongst the UK’s wealthiest constituents is starting to return following a marginal rise in the Saltus Wealth…
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Chancellor’s Mansion House speech – positive support from the industry to news of ground-breaking reforms
The industry shares its support for Chancellor Hunt’s Mansion House speech and reforms this evening
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Bank of England to push UK into recession by year end says Bloomberg Economics. Reaction
The Bank of England will push the UK into recession by the end of the year, as its battle to curb the…
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The Bank of England should be worried about Russia says George Lagarias
George Lagarias, Chief Economist at Mazars has commented on why he thinks that the Bank of England should be worried about Russia. George…
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13th hike unlucky for some: BoE bows to pressure and raises base rates to 5%; analysis on implications from AJ Bell’s Suter
Laura Suter, head of personal finance at AJ Bell, has commented on the latest Bank of England interest rate decision: reflecting on…
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