50bp Hike... For today at least Commenting on The Bank of England interest rate, Melanie Baker, Senior Economist at Royal London Asset Management said: “The Committee want to wait until November to fully digest the impact of fiscal changes.... 22 September 2022
Lower yields help to reduce pension turmoil, but strength of reaction may be tempered by concerns over political stability – Trevor Greetham New Chancellor Jeremy Hunt has reversed almost all of the tax cuts originally announced in his predecessor’s mini budget, limited the degree of energy help beyond April 2023 and committed to further difficult... 17 October 2022
Liz Truss is the overwhelming favourite to win the Conservative Party leadership election Liz Truss is the overwhelming favourite to win the Conservative Party leadership election when the results are announced later today. Commenting on the challenges facing the new Prime Minister, RLAM Head... 05 September 2022
Investors should prepare for a bumpy ride - Trevor Greetham Commenting on the UK government’s fiscal event, RLAM's Head of Multi Asset Trevor Greetham said: “Action to help struggling households and businesses pay their heating bills this winter was essential,... 23 September 2022
Gilt market questions how the Downing Street 'magic money tree' will be funded - Craig Inches Commenting on the UK government’s mini budget, RLAM Head of Rates and Cash, Craig Inches, said: “The gilt market had only one focus on the mini budget this morning and that was how will the Downing Street... 23 September 2022
Market reaction to UK Prime Minister resignation Commenting on the resignation of the UK Prime Minister Liz Truss, RLAM Head of Multi Asset Trevor Greetham said: “Market reaction to Liz Truss’s resignation has been very muted. It isn’t a great surprise... 20 October 2022
Market reaction to the new Prime Minister Commenting on the new UK Prime Minister Rishi Sunak, RLAM Head of Multi Asset Trevor Greetham said: “Rishi Sunak becomes Prime Minister at a time of high inflation and great economic uncertainty. While... 25 October 2022
BoE hike 75bp, but how much more to go? Commenting on The Bank of England interest rate, Melanie Baker, Senior Economist at Royal London Asset Management said: “The MPC (Monetary Policy Committee) signalled that more interest rate rises were... 03 November 2022
Inflation surprised on the upside, as cost-of-living pressures for households mount Commenting on this morning’s latest ONS figures on inflation, Melanie Baker, Senior Economist at Royal London Asset Management said: “Food price inflation is now painfully high in the UK. The CPI data... 16 November 2022 by Melanie Baker
Are we learning the wrong lesson from the mini budget crisis? Commenting on the Autumn Statement, Head of Multi Asset Trevor Greetham said: “Are we in danger of learning the wrong lesson from the mini budget crisis? September’s gilt market meltdown was caused by... 17 November 2022 by Trevor Greetham
Downside inflation surprise won't stop rate rises (yet) Commenting on the Consumer Price Index (CPI) published today, Melanie Baker, Senior Economist at Royal London Asset Management (RLAM), said: “Further falls in UK inflation are likely in coming months.... 14 December 2022 by Melanie Baker
Expect more interest rate rises Commenting on The Bank of England (BOE) interest rate of 0.5%, Melanie Baker, senior economist at Royal London Asset Management said: “Does it make sense to expect any more hikes from the Bank of England?... 15 December 2022 by Melanie Baker
BoE hike 50bp with a dovish message, which doesn't mean they won't hike again – press release, Melanie Baker Commenting on The Bank of England (BoE) interest rate rise, Melanie Baker, Senior Economist at Royal London Asset Management said: “It sounds like the Monetary Policy Committee think this might be the... 03 February 2023 by Melanie Baker
Downside CPI surprise, supports a BoE pause – press release, Melanie Baker Commenting on the Consumer Price Index (CPI) published today, Royal London Asset Management’s (RLAM) Senior Economist, Melanie Baker, said: “Alongside the fall in headline inflation, domestically-driven... 15 February 2023 by Melanie Baker
Royal London results: Mutual boosts policy values for eligible customers Royal London has published its annual results. View the full press release. 08 March 2023