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UK unemployment falls to 7-year low

UK unemployment has fallen in March, bringing in the best rate since mid-2008. Data from the Office for National Statistics shows that in the first quarter employment for those aged 16 to 64 rose to 73.5 per cent, up from 72.5 per cent a year earlier. Employment was up by 202,000 in the three months to […]

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Vanguard: Mifid II fails to address conflict of interest concerns

Mifid II does not go as far as the RDR in addressing conflict of interest issues across Europe, says Vanguard head of retail Nick Blake, leaving room for a third or even fourth iteration of the rules. The Mifid II changes are designed to strengthen protections for retail investors across the EU through limits to […]

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Conservatives secure majority as SNP trounces Labour

The Conservatives have secured the 326 seats needed to form a majority government following a stunning election night which saw Labour hammered in Scotland by the SNP. The Tories are forecast to win a total of 331 seats, compared to just 232 for Labour. In Scotland the SNP won 56 of 59 seats, reducing Labour’s […]

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Stephanie Flanders: A market to buck global equity trends

Some countries look better than others in today’s global bull market. For example, Europe may suffer from market jitters at the possibility of a Greek debt default and US equities are facing the twin headwinds of a higher dollar and pressure on margins. By comparison, Japanese equities are unlikely to be buffeted in the same […]

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