Henderson chief economist Simon Ward has said the sharp fall in gilt yields does not indicate the UK is headed for a Japan-style deflationary environment.
Henderson chief economist Simon Ward questions whether monetary tightening and fiscal cutbacks could send the global economy into a ‘double dip' recession.
Henderson chief economist Simon Ward believes the yen, rather than the US dollar, could be the big winner from a loss of confidence in the euro.
Bank of England governor Mervyn King yesterday set out his reasons for the overshoot of CPI inflation last month in a letter to new Chancellor George Osborne. They were all dubious, says Henderson chief economist Simon Ward.
Profitability at the UK's major banks over the next three years may be sufficient to cover impairment charges and even allow for some addition to capital, effectively ruling out any future need for Government bail-outs, Henderson's Simon Ward says.