Driven by drop in air fares
London particularly vulnerable
Among 200 economists backing 'remain' vote
Monetary tools available
Await interest rate decision
Emiel van den Heiligenberg, head of asset allocation at LGIM, takes a closer look at the remaining options for global central banks.
Financial services has 'most to lose'
New deputy governor of central bank
Could lead to further sterling depreciation
Too much faith placed on them
Cut rates and expanded QE
Next move in rates most likely upward
Liquidity auctions planned in June
Warning on multitude of risks
Relying too much on central banks
Refused to confirm next rate move will be upward
Proposals under fire from Sir John Vickers
Joining global rates team
Stance remains Brexit should be avoided
Bank votes unanimously to hold rates
GDP grew 0.5% in Q4 2015
Andrew Bailey to take over in July
To replace McDermott
Was it hopes disappointed, or simply more of the same? Or both? 2015 continued to be characterised by what is widely perceived as 'dull world growth', writes Cazenove Capital CIO Richard Jeffrey.