Troubled conditions did remain last week, not that it was too difficult to forecast the continuation of volatility in markets. Sentiment is fragile and it is hard to see confidence being restored soon.
Mortgage experts believe that the next move in the base rate could be down after the Bank of England’s monetary policy committee held the rate at 5.75 per cent last week.The decision was widely expected after inflation fell in July to 1.9 per cent from 2.4 per cent in June, below the Government’s target rate […]
By Rob Burnett, Investment Director, Head of European Equities As investors await a resolution of Greece’s repayment difficulties, we anticipate a period of consolidation in the European market over the next few weeks. Our base case is that the Greek government and the European Central Bank (ECB) will come to a solution, particularly given the […]
The Chartered Institute for Securities and Investment has appointed Raymond James investment manager Leighton Bascom to be the president of its South East branch. US-born Bascom, who oversees the Tunbridge Wells branch of Raymond James, takes over from Charles Stanley investment manager Katie Presland. Leighton joined Raymond James in 2003. He was formerly senior vice […]
BlackRock has teamed up with Microsoft to build a platform to help people make better decisions for retirement planning. While the plans are US-based currently, the difficulties of planning and funding retirement are worldwide. The technology will bring together BlackRock’s investment capabilities with Microsoft’s technology strength with the goal to take advantage of both and […]
An official complaint has been filed to the FCA over the compensation scheme it set up with Lloyds over past fraud. The redress package is “defective” and the methodology “flawed, according to the SME Alliance. The pressure group represents small businesses, scores of which were affected when they suffered fraud at the hands of a […]