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Bean says low rate is to boost spending

Bank of England deputy governor Charlie Bean has suggested that it makes sense for people to spend as opposed to save at a time of historically low interest rates and says the bank’s current monetary policy aims to encourage such behaviour.

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Journalists are qualified to do their job

A long time ago, when I was cons-idering a career in journalism, the traditional entry route into the industry for most budding reporters was via a local newspaper. Generally after A levels, you signed up to do your indentures, a two or three year apprenticeship interspersed by and concluded with a series of exams set […]

Neptune soft-launches income funds

Neptune has bolstered its fund range with the soft- launch of both a US income fund and a higher income fund. The US income fund will have 40 to 60 holdings, which will predominantly invest in high yielding North American companies. The fund, which sits in the IMA North America sector, is managed by Rebecca […]

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Miliband: We would be making painful cuts too

New Labour leader Ed Miliband has stressed he will not oppose all the cuts proposed by the Government in the coming weeks. Speaking at the Labour annual conference in Manchester this afternoon, Miliband said he would not oppose all the Coalition’s cuts and wants Britain to learn its lessons as it reduces the deficit. He […]

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