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HSBC chairman Green becomes trade minister

HSBC chairman Stephen Green is quitting to take up the unpaid Government role of trade and investment minister.


Payback time

FSA data shows increasing numbers of borrowers with interest-only mortgages without a designated repayment vehicle, reports Paul Thomas


Is it time for QE2?

Later today the Monetary Policy Committee will announce whether it has decided to change the base rate or indeed increase its £200bn quantitative easing programme. So, is it time for QE2? On the other side of the Atlantic many economists have been calling for a government stimulus to kick-start the US economy. Fidelity asset allocation […]

The curse of long-term cash

Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]


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