Former Bank governor Mark Carney: City needs to lead world once again on green finance June 4, 2024 In a speech at a Deloitte event, Carney said the UK has "traditionally led" on international financial developments but warned "it hasn't been leading as much of late. It had other things on its mind."
Brookfield Asset Management mulls Tritax Eurobox takeover June 4, 2024 Another real estate investment trust could be about to disappear from the market as a Canadian investment firm chaired by former Bank of England governor Mark Carney is mulling whether to make an offer.
More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.
Mortgage lending remains subdued as high rates put off borrowers June 3, 2024 Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced optimism over interest rate cuts from the Bank of England.
Manufacturing activity jumps to highest level in over two years June 3, 2024 The survey showed that the upturn in activity was broad-based by both sub-sector and company size.
Monzo posts first annual profit as digital bank targets European expansion June 3, 2024 Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.
Tokenisation of Real World Assets becoming killer institutional use case June 3, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The news that the FCA and the Bank of England are setting up a Digital Securities Sandbox broke recently. While the possibility of tokenising real world assets [...]
Businesses bet on growth as activity begins to pick up June 3, 2024 Labour and the Tories need to lay out a road map for cost cutting and turbocharging investment, Britain’s biggest business body has said.
Meet the Fund Managers: Finding value in escapism June 3, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Andrew Lake, head of fixed income at Mirabaud Asset Management and manager of the Mirabaud Global Strategic Bond fund.