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The Financial Times says the Bank of England governor Andrew Bailey has signalled financial markets are wrong to assume the Bank will raise interest rates further. It quotes him saying he would “caution against suggesting either that we are done with increasing bank rate, or that we will inevitably need to do more”. The paper says the comments are part of an effort to convince investors that Britain’s economic outlook is not the same as those of the US and eurozone economies.

Financial Times Front Page 11th of December 2024

Investors are showing increased interest in high-yield financial products due to the resurgence in complex debt markets, which are experiencing their most rapid growth since the financial crisis, driven by innovative asset-backed deals like those involving chicken wings and songs.

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