By early 2022, the Bank of England had bought £875bn of UK government bonds and £20bn of commercial bonds. However, recent reductions in the balance sheet have now trimmed the government bond portfolio down to £693bn. It is now time to consider how these losses and the drain on the exchequer can be mitigated.
Given the constraints on public sector borrowing in the UK, the new Labour government wants a substantial increase in private sector infrastructure investment.
To mark the Labour’s first 100 days in power, OMFIF convenes an expert panel to assess the new government’s progress on economic growth and fostering better UK-European Union relations.
Geoffrey Yu, senior Europe, Middle East and Africa market strategist at BNY Mellon, joins OMFIF to discuss the outcomes of the European Parliament election and the subsequent market implications.
This edition of the Bulletin explores the case for investing in emerging markets, the associated challenges as well as the roles of multilateral and in-country actors to facilitate investment in key sectors.
