Economics

13 weird happenings for Friday the 13th

Investec Asset Management's Simon Brazier has warned investors on the higher volatility likely to be experienced in 2015, pointing to a backdrop similar to the year in which Lehman Brothers collapsed.

The Bank of England may have to resort to the interest rate cut that Governor Mark Carney alluded to in his Inflation Report speech this morning, according to some market watchers.

The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.

Greece's new left-wing government is pushing for a revision of its EU bailout terms, drawing up a new 10-point plan to replace the existing deal.

Mark Carney has urged G20 members to continue a "big push" for banking reforms, after suggesting that legislators maybe tiring of financial regulation.

Greece's bailout package has "failed" and the country will not seek an extension when the deal expires at the end of February, according to new prime minister Alex Tsipras.

Investment Quorum has unveiled a series of funds it is backing to navigate currency wars and unpredictable central bank action in 2015, said the group's CIO Peter Lowman.

What is in store for Greece?

Embattled supermarket Tesco has suffered a further blow in the form of an investigation by the industry regulator into its treatment of suppliers.