Monetary Policy Committee

Hints at more hawkish tone

"Ostrich" investors who buy equities and ignore the risks may find their "day in the sun" is soon over, the managers of Ruffer investment company have warned.

Monetary Policy Committee member David Miles has outlined his desire for a rate rise before his exit in May 2015.

The Bank of England may find monetary policy such as raising interest rates "the only game in town" to combat financial stability risks such as the housing market, the Deputy Governor has warned.

Policymakers risk the UK economic recovery stalling if they fail to address its "undue reliance" on consumer spending, the British Chambers of Commerce has said.

SPECIAL REPORT

With markets having wobbled at the start of 2014, Stephanie Flanders, chief market strategist for UK and Europe at J.P. Morgan AM, analyses the global recovery and tells Investment Week where the next investment opportunities may lie.

The recovery of the British economy is now "sustainable and self-confirming", according to David Miles, an external member of the Monetary Policy Committee.

UK

ECONOMICS