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ECB leaves rate unchanged

The European Central Bank has decided to leave its core rate unchanged at 4.5 per cent, following the Bank of England&#39s decision to maintain its rate yesterday.

Calls for a rate cut had been made following poor unemployment results in Germany, but the ECG showed restraint in light of rising inflation in Eurozone, which rose to 2.9 per cent in April.

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Tory IFA comes fourth in Wales

Monmouth-based IFA practice director and Conservative candidate Richard Hill came fourth in the Labour stronghold of Ogmore in Glamorgan.Kymin Financial Services director Hill lifted the Tory vote by 1.3 per cent to 11 per cent, but still came in behind Plaid Cymru and the Liberal Democrats. Ray Powell held on to the seat for Labour […]

&#39Individual skills make a difference&#39

Alan Steel Asset Management consultant Alan Adam says: “I think it wouldbe hypocritical if our firm did not take the launch of New Star intoconsideration for our clients. We were strong advocates of the bulk of theJupiter team and their ability to pick the right stocks. Just because theyare with a new employer does not […]

Tables are turned again as the FSA rejects risk

The Consumers&#39 Association is calling on the FSA to insist that consumersare given copies of its new comparative tables by advisers as a guaranteeof best advice. Autif slammed the tables again this week after the FSA revealed therewould now be no measure of risk in the unit trust Isa tables, contrary tothe original plans. The […]

The Investment Clock: Keep calm and Macron!

Trevor Greetham, Head of Multi Asset In a marked contrast to the surge in risk sentiment that followed President Trump’s election in November, markets greeted Emmanuel Macron’s victory in the French presidential election with satisfaction and relief, rather than euphoria. After rallying strongly on opinion polls that accurately predicted the outcome, the euro held onto […]

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