Economics

Rathbones CIO Julian Chillingworth has been putting cash into ‘inflation-proof' areas of the market in a move to cut inflation risk in his £61m Blue Chip Income & Growth fund.

UK stocks exposed to the domestic economy have been overlooked by the market and are attractively valued despite the gloomy outlook for the UK, says Tim Steer at Artemis.

Standard Life Investments' Ed Legget has moved overweight miners to take advantage of falling share prices across the sector, but has cut oil major BP from his portfolio.

Risk assets are in danger of selling off when the Federal Reserve's QE2 programme draws to a close in June, according to Standard Life Investments' economist Douglas Roberts.

Oil prices have jumped to a two and a half year high on fresh fears about supply and a weaker dollar.

Jean Claude Trichet, the president of the European Central Bank, has defended yesterday's 25 basis point hike in interest rates as good for the eurozone, as EU leaders prepare for talks on the bailout of Portugal.

World markets have dropped after Japan was struck by a second earthquake in as many months.

The Bank of England today held interest rates at 0.5% as fears over a sluggish economic recovery outweighed inflation concerns.

Moody's says it could cut its ratings of 19 UK banks to reflect the lower chance of a future government bail-out.

The Japanese economy is "under strong downward pressure" in the wake of the damage caused by the earthquake and tsunami, the Bank of Japan (BOJ) says.