UK

So much for the old adage that investors should 'sell in May and go away'. Markets seem to be in an almost euphoric mood, having survived a near brush with death over Brexit.

The casual observer will have noted a pick-up in the already elevated level of 'noise' in the City pages. Cyclical or value companies, including builders for example, are sensitive to levels of economic activity in the economy which, post-Brexit, is harder...

Industry reaction following rate cut

Guy Wilkes, financial services regulatory and enforcement partner at global law firm Mayer Brown, explores the notion of conduct risk and if concentrated funds face different challenges from those of more diverse funds.

Group profits up 13%; Dividend hiked 10%

Investment grade corporate bonds and gilts popular

UK blue chips up 0.2%

Priced in rate cut

Central bank monetary policy has suppressed interest rates since the global financial crisis, leading to the greatest search for income in investment history, writes Philip Harris, manager of the EdenTree Investment Management UK Equity Growth fund.

Sterling at lowest since 1980s