Concerns over the demise of London’s stock market are “massively overstated”, Jeremy Hunt has said.
It has been founded by Marcus O’ Brien, best known for the sale of a £225 million mansion at 2-8a Rutland Gate in Knightsbridge
The outlook for a summer interest rate cut should become clearer today when the Bank of England publishes its latest economic forecasts. Interest rates are set to stay at a 16-year high of 5.25%, with the focus on whether inflation has been tamed to allow a rate cut as soon as next month. On the corporate front, Balfour Beatty, ITV and BAE Systems have posted updates while Watches of Switzerland has bought an American retailer.
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