The Pound: What to Watch
Brexit headlines will continue to drive the Pound in the week ahead.
U.K. Brexit minister Dominic Raab will travel to Brussels on Monday for a meeting with E.U. chief negotiator Michel Barnier, probably to agree on the final proposals to put before E.U. leaders at their crunch summit on Wednesday, October 17-18.
The... Read More
UK Gilt Yields Turning Up
With the Bank of England becoming more and more hawkish, gilt yields have finally started to turn up after struggling throughout much of 2017. Already the 10 year gilt yields has jumped by more than 30% climbing from 1.19% at the start of the year to 1.56% today. With inflation remaining at the top end of what the BoE will tolerate and wages... Read More
Is it Time to Review Your Defined Benefits Scheme?
As the release of the UK government’s white paper on Pension Debt looms it seems stories of defined benefit schemes falling on hard times are becoming more and more common.
Indeed just last month the UK’s second largest construction company Carillion went into liquidation leavings its defined benefit scheme with a... Read More