Chancellor George Osborne is to begin selling the government’s 80% stake in Royal Bank of Scotland at a loss, saying any further delay could jeopardise the economy.
In his annual Mansion House speech last night, Osborne said that a “decision point” has been reached, signalling an initial sale of shares in the bank in the coming months. “The longer we wait,...
Pair also on board of several other trusts
As the yen continues to strengthen, Invesco Perpetual's head of Japanese equities Paul Chesson asks if it is nearing the endgame for Japan or if the central bank could make yet another move to strengthen the country’s stalled economy.
Aims to deliver an 'index-like experience'
Cental banks' credibility could be called into question
Three investment managers appointed