Economics / Markets

Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.

‘I would like to see First State have greater success in fixed income in the UK’

Monkeys vs fund managers revisited (or the trouble with market cap weighted indices)

Central bankers are to confirm later today whether they will act on growing concerns about the housing market.

TOP PERFORMERS

Reading the runes: What can investors expect in H2?

Is there any value left in Europe?

A hike in the base rate of as little as 0.25% would have a much greater impact on the disposable incomes of highly indebted consumers, potentially threatening the UK's recovery, Neil Woodford has said.

Sterling has fallen back below $1.70 after Bank of England Governor Mark Carney sounded a more dovish tone on base rate rises.

Britain's recovery has become entrenched and the Bank of England should start to raise interest rates in the coming months to reflect the stronger economy, according to one of its most dovish policymakers.