The abnormally low interest rates on bonds and other fixed income investments may be here for a very long time. That’s the word from the Bond King Bill Gross, CEO of PIMCO and world-renowned bond rate prognosticator. The effect of such low rates would be...
Financial services are the focal point of the debate about Britain’s future in the EU. The sovereign debt and banking crises have accelerated integration in the Eurozone, a trend often seen as alien to British interests. The position of the City as the main...
The DWP consultation on pension charging ended on Thursday 28 November 2013, the Government has proposed a pensions cap at 0.75%. Legal & General believes the proposed cap will be ineffective in driving down costs, and not tackle the big problem of legacy pension...
Small and medium-sized enterprises (SMEs) are increasingly able to secure bank loans supported by a Government-backed scheme, as lending under the scheme reached its highest level since 2010. Enterprise Finance Guarantee (EFG) scheme lending figures, published today,...
The UK government has “lost patience” with austerity, and with a general election two years away, has abandoned it in favour of a new bout of debt creation, “tempting consumers to leverage their balance sheets into a new housing bubble,” suggests Trevor Greetham of...
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