Month: October 2016

162 – Date set for Autumn statement

The Treasury has confirmed that the Autumn Statement will be on 23 November. When George Osborne was replaced as Chancellor in July, his successor, Philip Hammond, deliberately avoided taking any action. He left the immediate economic response to Mark Carney and the Monetary Policy Committee at the Bank of England, which duly cut interest rates…

Read more

Another Chinese export

The next stage of the opening up of the Chinese stock markets has been agreed. Many major companies incorporated in China have dual share classes: A Shares, which is the main share category, are denominated in renminbi, the Chinese currency. They are listed on the Chinese stock exchanges, the major ones being Shanghai and Shenzhen,…

Read more