Tag Archives: Interest Rates

If stock picking didn’t work in 2008, when will it work?

It seems plausible that last year’s financial meltdown was so extensive and so well-advertised that investment experts (in particular, stockbrokers and discretionary managers) would have found it relatively easy to outperform the broad market by selecting the right stocks or sectors. But a review of several widely read sources of advice suggests that, in at […]

Base rate cut by another 0.5%

The Bank of England has again cut interest rates, bringing base rate down to just 1.5%, its lowest level since the creation of the bank in 1694. In a statement issued alongside the announcement the Bank highlighted several factors leading to its decision: ´The world economy appears to be undergoing an unusually sharp and synchronised […]