Sir Philip Green’s tenure at BHS condemned by MPs and they demand he makes up pension deficit

25 July 2016

insight

Sir Philip Green’s management of BHS has been blamed for the failure of BHS and its pension fund in a damning indictment from two committees of MPs. The MPs have also called for a revamp of company law and pension fund regulation. The Work and Pensions and Business, Innovations and Skills Committees conclude that Sir […]

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Manufacturing output grows but is expected to slow in next three months says CBI

25 July 2016

insight

Manufacturing output and domestic orders saw firm growth over the past quarter, but both are expected to slow over the next three months, according to the latest quarterly CBI Industrial Trends Survey. Following a slowdown in activity towards the end of 2015, which spilled over into the first half of this year, the survey of […]

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Expert Opinion: Post Brexit, productivity is key for Britain and employers can help

25 July 2016 by Steve Herbert

insight

In January – shortly before the date of the EU referendum was announced – I wrote this article for Mindful Money in which I questioned how UK business would fare in the event of a Brexit decision.  My concern centred on the productivity and engagement deficit of Great Britain when compared to most other members […]

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Expert Opinion: Central banks remain key but governments could and should issue long dated debt

25 July 2016 by Chris Iggo

insight

News reporters, political analysts and lawyers are certainly the occupations in most demand in this year of surprises. The 2016 ‘Almanac of World Events’ will be a mighty tome. On the whole, events have reinforced feelings of pessimism amongst investors, only lightened by the promise of cheap money forever. But it is not all bad. […]

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Can gold really act as a hedge?

22 July 2016

insight

With the Federal Reserve due to meet next week, Samy Chaar, Investment Strategist at Lombard Odier, discusses the outlook for gold amid ongoing market fears and potential Fed repricing.  “The rally in gold prices (+27% year to date) was impressive during the first quarter, as well as after the Brexit shock, largely as a result […]

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UK PMI slumps in wake in Brexit decision. France improves.

22 July 2016

insight

The UK purchasing manufacturers index slumped from 52.4 to 47.7 an 87-month low in July. The UK Services PMI Activity Index fell to 47.4  from 52.3 in June an 88-month low and the UK Manufacturing PMI fell to 49.1  from 52.1 in June a 41-month low. Chris Williamson, chief economist at Markit, said: “July saw […]

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Does Latin America have the best investment prospects?

21 July 2016

insight

Jan Dehn, head of Research at Ashmore, and Gustavo Medeiros, FI Portfolio Manager at Ashmore, believe that Latin America offers the best investment proposition of any region in the world. They explain how Latin America offers the cheapest valuations in all of EM, and how recent headwinds are turning into tailwinds; the economic cycle is […]

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Unemployment falls to 4.9% with a record 31.7 million people in work

20 July 2016

insight

The UK unemployment rate has fallen to 4.9% the lowest since 2005. The number of people in employment between March and May reached 31.70 million people an employment rate of 74.4% the highest since records began in 1971. The number in work was 176,000 more than for the 3 months to February 2016 and 624,000 […]

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Businesses planning strategic reviews after referendum result say Bank of England’s agents

20 July 2016

insight

The Bank of England’s agents have found that many firms are taking a business as usual approach to the economy but they are planning strategic reviews in the wake of the referendum. The survey, in which the Bank’s agents talk to businesses across the country, found that the annual rate of activity growth had remained […]

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Government should honour promise to offer Lloyds shares to retail investors says Hargreaves Lansdown

19 July 2016

insight

Hargreaves Lansdown says the government should honour its promise to offer Lloyds shares to retail investors rather than simply allowing City institutions to snap them up. The firm says that no doubt the City is very keen on the idea of bumping retail shareholders from the sale of the remaining government stake in Lloyds, as […]

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