Royal London's Craig Inches says fears of a dramatic and prolonged spike in gilt yields are unfounded.
The £267m UK Government Bond fund co-manager expects 10-year gilts to reach a high of 4.5% in the next few weeks and end the year at 4%. He says there is no evidence the Government’s record borrowing programme...
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Historic levels of M&A
Brent Crude fell 0.8% to $53.51 a barrel
Largest firms applying fee caps
Revised from 0.3% to 0.2%