The bank says its decision is due to the “severe and increasing deterioration in credit market conditions”.
Last week was pretty bumpy in the market as we digested the news that the mighty General Electric had faltered in the profit stakes. Speaking, as I was, at a seminar in the Jockey Club after the FTSE 100 Index had had two days of 1 per cent plus swings – first down, then up – it was all too easy to draw racing analogies. But as we have seen on so many occasions recently, a downward spike brings out the bargainhunters. Wednesday last week almost felt like a bull market had returned.
Bankhall has launched a new guidance service aimed at helping appointed representatives move to a directly authorised status.
Neptune has added to its sales and fund administration teams with the appointment of Dimitris Zografos, Philip Horton and Neal Gilbert.
Edeus chief executive Michael Bolton has attacked the Government and the Bank of England for acting too late to avert a full-blown banking crisis.
By Mark Martin, Head of UK Equities, Neptune Investment Management The start of 2016 has been one of the most tumultuous periods in recent years for UK markets, with the FTSE 100 Index briefly entering bear market territory in the middle of January. Fuelled by a collapse in the oil price and escalating concerns over […]
- Top trends
- Top trends
- Waspi women should be given £15,000 each, Lib Dems say
- Steve Bee: Make way for the next generation of Waspi women
- DWP admits ‘misleading’ public on Scottish independence
- Woodford: Three picks for enticing equity valuations
- Waspi slams ‘devastating’ state pension age hike as IFS says reforms saved £5.1bn
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