Interest rate rise could be two more years away

The Bank of England’s Monetary Policy Commitee (MPC) has voted to keep interest rates at 0.5%, continuing a trend that has lasted for six and a half years. However, comments made by the Bank of England has further quelled hopes of an early interest rise, with many analysts interpreting that […]

FTSE 100 ends 10 day losing streak

The FTSE 100 ended a 10 day losing streak by posting a 3.09% gain on Wednesday to close at 6,081.34. Markets around the world took temporary relief in the news that the People’s Bank of China cut its main interest rate by 0.25 percentage points to 4.6% in a bid […]

Why holding onto investments for longer pays

Holding onto equity investments for longer periods of times greatly increases the chance of recording a ‘gain’. An interesting analysis from Woodford Funds based on its own data as well as data from Datastream  reveals that holding onto investments for 10 years increases the chance of a gain to 99.4% […]

2015 interest rate rise speculation quelled

Thoughts of an interest rate rise in 2015 have been quelled by news that the Monetary Policy Committee (MPC) voted unanimously to maintain the bank rate at 0.5%. The MPC voted in favour of 8-1 to maintain the interest rates at the current lower, defying a number of analysts expectations […]

Greek bailout reforms to be ‘greatest disaster’

Recent proposed Greek bailout reforms are set to go down in history as ‘the greatest disaster of macroeconomic management ever’ according to Yanis Varoufakis, the former Finance Minister of Greece. Speaking to the BBC, Varoufakis claimed that the proposed £60bn bailout deal will fail, claiming it had already failed when […]

UK could face £1bn bill to help Greek bailout

The UK could face the prospect of contributing up to £1bn to a new Greek bailout deal due to its exposure to the European Financial Stability Mechanism (EFSM). According to Sky News, the UK has a 12% exposure to the ESFM – a fund utilised during the early years of […]

Greek bank closure sends FTSE 100 tumbling

The FTSE 100 closed down by just under 2 percent today suffering a 133 point fall following news that Greece is to close its banks for the week. During this period, banks have imposed capital controls which will see cash withdrawals being limited to approximately £42 per day from ATMs […]

Woodford warns investors of QE-inflated valuations

Speaking on his official blog, Neil Woodford has warned investors over-inflated valuations brought about by extensive quantitative easing: Without an improvement in underlying economic fundamentals, if you keep driving asset prices up, in the end you create a financial asset price bubble. We know from relatively recent history that asset […]