Take advantage of a cycle now favourable to debt rather than equity
Private debt investments with experienced managers has increased significantly in popularity for high-net-worth individuals and others.
Bank of England
🔒 Sunak’s Britain is starting to have second thoughts about Brexit
Brexit remains divisive enough to force the prime minister – a long-term Brexiter who backed Vote Leave in 2016 – to speak out on Monday.
🔒 UK inflation hits 41-year high on soaring energy prices
Energy bills drove UK inflation to a stronger-than-forecast 41-year high in October, adding to pressure on the government and Bank of England to act.
🔒 Brexit ‘permanently damaged’ UK economy
Former Bank of England policy maker Michael Saunders said Britain’s exit from the European Union is one of the reasons why the UK is now entering a period of austerity.
🔒 Bank of England tells investors to rein in expectations for rate hikes
The Bank of England delivered its biggest interest rate increase in 33 years but strongly pushed back against market expectations for the scale of future hikes.
🔒 Fed and BOE prepare 75 basis-point salvos on inflation
The transatlantic double act illustrates the trade-off confronting central banks as evidence of an impending global economic contraction becomes harder to ignore, even as inflation lingers.
🔒 The UK market meltdown could be headed your way – with insight from The Wall Street Journal
As fun as it might be for outsiders to gawk at the political chaos engulfing the UK, Prime Minister Liz Truss’s resignation is a sideshow.
🔒 Financial Times perspective – Investors should brace: shocks are on the way
One of the key reasons why 2023 might turn out to be just as challenging as 2022 for investors is the risk that, as he put it, “something breaks”.
‘A shambles and disgrace’: Truss resigns as UK Premier after shortest stint as PM ever
Truss resigns as UK PM after a chaotic tenure that saw her announce a package of tax cuts before unwinding most of it in the face of a market rout.
🔒 UK markets are on sale. Nobody wants to buy. With insight from The Wall Street Journal
UK stocks and bonds are trading at their lowest levels in decades. That hasn’t been enough to entice investors back into the market.