'Let’s remember the USA isn’t Europe. They have a two-tier banking system and SVB is just a regional bank.' Peter McGahan writes this week about what's happening with banks and asks - are banks really In trouble? Here are some of the answers to that question.
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While most UK and European banks are in decent shape they are struggling with bond markets where short-term bonds pay more interest than long-term ones, opposite to a bank’s typical business model.
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Over the last few weeks, our CEO Peter McGahan has been writing his weekly column about ISAs explaining that understanding how markets fluctuate is important to taking away the stress of investing. Here are two cool ISA tips for you....
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Time will tell how effective the budget announcements will be, by themselves not very would be my guess, but as the start of a long-term plan of targeted pro-growth policies they could have an impact eventually.
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Last week's budget didn't reveal any real surprises as much of it was leaked. In this week's column, Peter McGahan looks at the good bits such as the lifetime allowance being scrapped, the extension of free childcare, the increase in funding for nurseries and more.
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This week, markets have been focused on jobs. In the UK, privately compiled jobs data has been positive, but we have to wait until Monday for the official government statistics. US jobs data from the private sector has been a bit mixed but overall shows the labour market over there remains quite strong.
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