FCA sets out plans to open up bond market to retail investors January 31, 2025 The Financial Conduct Authority (FCA) has set out plans to slash “red tape” around the corporate bond market today in a bid to open up the asset class to retail investors and wealth managers. In consultation plans shared with CityAM, the watchdog said it would look to coax more listed companies into issuing debt [...]
Bank of England policymaker: ‘Dragons of market discipline are alive and well’ January 23, 2025 "There have been spikes in yields in a number of individual countries in recent years, including the UK, that indicate the dragons of market discipline are alive and well," she said.
‘Here for the long haul’: Reeves defends her position after market turmoil January 17, 2025 Rachel Reeves has insisted she is “here for the long haul” as she defended her position as Chancellor in the wake of bond market turmoil and rising government borrowing costs. The UK’s Chancellor has faced criticism for embarking on a trip to China last weekend while government borrowing costs surged and the value of the [...]
How ‘twin deficits’ have fuelled turmoil in the gilt market January 16, 2025 The sell-off eased slightly on Wednesday following positive inflation figures, but yields remain well ahead of where they were just a few weeks ago.
FTSE 100 rises and gilts recover but Reeves isn’t out of the woods just yet January 15, 2025 Chancellor Rachel Reeves was dealt some welcome good news after a surprise drop in inflation that saw gilt yields fall at the fastest pace in over a year on Wednesday, but some economists fear the development represents a temporary reprieve with inflation at risk of rebounding in the coming months. New figures from the Office [...]