The MPC is unlikely to hike rates this summer, held back by deterioration in company liquidity, according to New Star's chief economist Simon Ward.
Ward explained that markets are now discounting two quarter-point rate rises in the UK over the next year but monetary trends show policy is already restrictive. "The foundations of the current inflationary...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till