04/18/2024

Valuations for IFA businesses drop

The firm has also seen a drop in profit valuations, based on adjusted EBITDA, from a peak of 8 times in 2022, to 6.7 times for the first quarter in 2024.

04/17/2024

The pound is no longer so vulnerable

The rapid fall in UK inflation since a peak in 2022 — both headline and core — has prompted inflation- adjusted real interest rates to move towards positive territory.

04/17/2024

UK inflation falls to 3.2%

Earlier this month, David Coombs, head of multi-asset investments at Rathbones, wrote that the last mile of getting inflation back to 2% would be the hardest.

04/16/2024

Brainstorm

McGilchrist explains the right hemisphere has first take on everything