View more on these topics

Chancellor cuts growth predictions

Chancellor Gordon Brown has slashed his prediction for the growth of the UK economy from 3 to 3.5 per cent in March 2005 to 1.75 per cent next year in his pre-budget statement this afternoon.

The Chancellor blamed global pressures including high oil prices and an increase in commodity prices as well as a domestic slowdown in the housing market and inflationary pressures.

Mr.Brown said: “The last year has seen a vitrual doubling of global oil and commodity prices. Whilst all countries have faced global inflationary pressures we have also had to contend with domestsic inflationary pressures.”


Time to take control

Matt Price Alliances and marketing director, Wily Technology, Staines, Middlesex

Framlington CIO Lodwick leaves following Axa Takeover

Framlington chief investment officer Jeremy Lodwick is to leave the firm at the end of December.His departure follows the takeover of his firm by Axa Investment managers earlier this year. The deal tied in Framlington’s star managers until 2010 including George Luckraft, Nigel Thomas and Roger Whiteoak.From January 1, 2006 Framlington fund managers will report […]

iShares ETFs see 77m in inflows in a month

77m has flowed into the 14 new Barclays iShares exchange traded funds launched on the London Stock Exchange last month.The MCSI world index fund and Dow Jones Euro Stoxx funds have doubled and tripled in size since launch and average daily turnover for all 14 funds on the LSE has been 535,000. Exchange traded funds […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm