View more on these topics

CBI and BCC call for rate cut

Fears of a collapse in business confidence have spurred the Confederation of British Industry and the British Chamber of Commerce to call on the Bank of Interest to cut interest rates this week.

The CBI and BCC are calling for a 0.25 per cent cut in UK rates, following the surprise cut in the US Federal Reserve rate last week aimed at allaying fears of a US recession.

However, many forecasters think a cut is unlikely in light of the indications of continuing strength in the British economy.

Recommended

Neville James harnesses teps and zeros

OFFSHORE INVESTMENTS NEVILLE JAMES SECURE CAPITAL GROWTH FUND Type: Oeic. Aim: Growth by investing in TEPs and zero dividend preference shares. Minimum investment: £5,000. Place of registration: Isle of Man. Investment split: Initially 50 per cent in TEPs, 50 per cent in zero dividend preference shares. Isa link: No. Charges: Annual – A shares 1.225 […]

Stephen Sklaroff

Being at the forefront of a trade body representing insurance companies is not easy when when storms are raging over the closure of Equitable Life to new business and the Axa orphan assets case. But ABI deputy director general Stephen Sklaroff is keen to use this troubled time to encourage insurance companies to rally towards […]

Dual track solution for Royal Skandia

Jackson says: “The UK equity market has always performed well over the long term. The product is also equally balanced between active and passive management and these two should complement each other very well. Royal Skandia has a very good track record. A few other points are that fund managers can be changed if they […]

Investment View

“Another day – another dollar. Another year and – well, who can say.” The finance director of the curiously named Betelgeuse Investment Funds pondered the usefulness of the forward strategy committee as it scoped out its plans for 2001. “This is Dullsville, big time!” he reflected, fortunately silently. “So, in conclusion, 2000 worked well for […]

Solving the income puzzle

There is a puzzle at the centre of financial markets. The global economy is growing, there are signs of inflation and interest rates are going up, yet yields remain low. In this article, James Foster, manager of the Artemis Monthly Distribution fund, unpicks this conundrum and looks at where investors can find income. There is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment