The FTSE 250 recorded its worst daily performance since the UK voted to leave the European Union, after the Bank of England (BoE) highlighted a tougher UK economic outlook while its policymakers were divided over whether to raise rates this month.
The bank's decision to maintain rates at 0.25% was backed by five MPC members. However, three voted for a rate hike to combat rising inflation, which was two more than expected. On the news, the domestically-focused...
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Plans to dominate asset management coverage of the shares
Fidelity's Jeremy Podger reviews the areas that have led global equities in recent times. He assesses whether these trends are showing signs of fading and looks back at past "mega-trends" for an insight into what could happen next.