UK GDP grew by 0.6% in the three months to July, up from 0.4% in the second quarter and beating analysts' expectations of 0.5%, as retail sales were boosted by the hot weather and England reaching the semi-finals of the World Cup.
According to the Office for National Statistics, services saw the strongest area of growth with the industry growing 0.6%, boosting overall growth to its highest level since August 2017. Furthermore,...
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Liquidity mismatches in open-ended funds, such as that seen in the property sector and in the case of the Woodford Equity Income fund, poses a threat to financial stability and could “amplify shocks in the financial system”, the Bank of England (BoE)...
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