BofA Merrill Lynch survey: The bulls are back as investors feel the FOMO November 12, 2019 The bulls are back, according to a closely-followed investor survey showing a wave of renewed optimism over the health of the world economy. A “fear of missing out” and fading recession concerns have prompted bullish fund managers to move away from cash and back into stocks in their masses. Read more: World’s wealthiest investors forecast [...]
General Election: New poll extends the Conservatives’ lead over Labour November 12, 2019 The Conservative party’s lead over Labour and the Liberal Democrats has grown, according to the latest polling. A Britain Elects poll released this morning shows the Tories moving up one point to 39 per cent, while Labour and the Liberal Democrats remain stable at 31 and 15 per cent respectively. Bookmakers have the Conservatives as [...]
World’s wealthiest investors forecast a turbulent 2020 November 12, 2019 The world’s super rich are bracing themselves for a rocky year ahead, with many high net worth investors holding cash in their portfolios as a result. Almost four in five wealthy investors think that markets are heading towards a period of higher volatility. Read more: Billionaire boom slows down as uncertainty takes a toll Wealthy [...]
UK suffers biggest fall in jobs in four years November 12, 2019 The number of people in work in Britain fell at its fastest rate in four years between July and September, official figures have shown, in the latest sign that the UK’s booming jobs market is slowing. Read more: UK avoids recession but annual growth slowest in almost a decade The Office for National Statistics (ONS) [...]
Hillary Clinton slams ‘shameful’ decision to delay Russian interference report November 12, 2019 Hillary Clinton has slammed the UK government for delaying the release of a report into potential Russian political interference before next month’s election, calling it “shameful” and “inexplicable”. The Intelligence and Security Committee (ISC) report has been given security clearance, but will not be publicly released before the 12 December General Election. Read more: General [...]
General Election 2019: Farage calls on Conservatives to stand aside for Brexit Party November 12, 2019 Fresh from his apparently “unilateral” decision that The Brexit Party candidates would not contest seats won by Tories in 2017, Nigel Farage is now demanding a reciprocal arrangement. The arch-Eurosceptic has urged Conservative candidates in some Labour-held seats to step aside for his own party. Speaking to BBC Breakfast this morning, he said: “I’ve just [...]
What now as monetary policy runs its course? November 12, 2019 The UK looks set to reverse the course of austerity with all parties planning to ramp-up spending as the reality of a huge Brexit upheaval puts the pressure on both the treasury and Bank of England. However, despite the recovery seen in the post-2008 world, we have seen little upside in terms of interest rates [...]
General Election 2019: Shadow foreign secretary Emily Thornberry’s Islington seat ‘at risk’ November 12, 2019 Labour frontbencher Emily Thornberry is at risk of losing her seat, according to internal party polling. The Islington South and Finsbury seat has been held by Thornberry, the shadow foreign secretary, since 2005, and has been viewed as a Labour safe seat. In 2017 she strengthened her majority to 22,547 – more than 50 per [...]
Women’s Equality Party stands aside for Chuka Umunna in Cities of London and Westminster seat November 12, 2019 The Women’s Equality Party candidate in the Cities of London and Westminster has stood aside for Liberal Democrat – and male – rival Chuka Umunna. Jenn Selby announced this morning that she was standing down to endorse his campaign, saying it was critical “to stop Brexit, which will disproportionately impact on women”. Umunna, the former [...]
DEBATE: Are this week’s UK growth figures anything to celebrate? November 12, 2019 Are this week’s UK growth figures anything to celebrate? Ruth Lea, economic adviser at the Arbuthnot Banking Group, says YES. The GDP data for the third quarter of 2019 was a tad weaker than expected, and much has been made of the growth rate being the weakest since the start of 2010. But the data [...]