Barclays Stockbrokers believe that weakening property markets and tightening credit conditions, together with falling business and consumer confidence, will force the Monetary Policy Committee to cut rates. Henk Potts, investment analyst, Barclays Stockbrokers, comments on the forthcoming interest rate announcement: “The pressure has been building and building on the Bank of England to cut interest rates this week. Potts added, “We expect a quarter point cut on Thursday and further quarter point cuts in February and April, taking interest rates back to 4.75%.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.