Suspended Equity Income fund 40% illiquid

Finance and Legal
Suspended Equity Income fund 40% illiquid. 02/07/2019. Nearly half of the Equity Income fund run by leading UK fund manager Neil Woodford was invested in “illiquid” stocks by the end of 2018, it has emerged one month after the fund
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Bank of England cuts growth predictions after “weak” six months

Business
Bank of England cuts growth predictions after “weak” six months 28/06/2019 The Monetary Policy Committee (MPC) of the Bank of England  has warned of a weakening outlook for the UK economy, as ongoing political uncertainty threatens to impact trade for
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Consumer Spending growth set to slow

Business
Consumer Spending growth set to slow 25th June 2019. Analysis by EY Item Club suggests consumer spending growth will slow from 1.8% in 2018 to 1.6% in 2019 and 1.7% in 2020. The report also suggests employment growth will slow
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UK Fraud rises 6% – And 20 ways to avoid identity theft

Business
UK Fraud rises 6% – And 20 ways to avoid identity theft 21st June 2019. Cifas, the UK’s fraud prevention service released this week its annual publication Fraudscape and it paints an alarming picture of fraud in the UK. They
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Cashless trend potentially “devastating” for small businesses

Business
Cashless trend potentially “devastating” for small businesses, warns FSB. 10/06/2019. The chairman of the Federation of Small Businesses has warned that many UK businesses could suffer “devastating” losses if bank charges for cards are not restricted, as cashless transactions account
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