BoE

The pressure points in markets as ECB prepares for action

Nathan Sweeney, senior investment manager at Architas, says the UK recovery is gaining traction, although several global threats remain.

SPECIAL REPORT

Infrastructure trusts could face ‘haircuts' to NAV if rates rise and inflation assumptions are revised down, analysts have warned.

Sterling fell slightly against most major currencies this morning after the Office of National Statistics reported higher-than-expected unemployment figures.

Bank of England governor Mark Carney has warned on the complications of withdrawing monetary stimulus - just hours before the US Federal Reserve may announce a tapering of its own asset purchase programme.

INVESTMENT TRUSTS

The Bank of England has sharply revised its unemployment forecasts but emphasised this does not mean it is guaranteed to hike rates once the 7% threshold is reached.

COMMENT

London's leading share index fell quickly into the red after new Bank of England (BoE) governor Mark Carney unveiled plans to issue forward guidance on interest rates.