Strong corporate balance sheets are good news for equities
The budget is always an exciting day for those of us in the financial services industry.
The Greek budget deficit saga drags on: all the excruciating metaphors now exhausted, there remains just the long grind to a compromised conclusion involving soggy sovereign yields and increasingly disinterested investors.
The planned ballot next month of shareholders in HSBC's listed hedge fund, on moving into its open-ended Ucits AdvantEdge vehicle, has a greater resonance beyond the vote itself.
In the wake of this year's Budget, with the UK just out of recession and facing a possible hung parliament, advisers face an uncertain domestic economic outlook.
Notes from the Budget: Alistair Darling does it very well. I've sat through many, and he delivers clearly, directly, smoothly.