Morning papers: ECB intervention hopes drive markets higher
The morning headlines brought to you by Investment Adviser: Tuesday, July 31 2012.
The value of assets managed by the private equity industry globally continued to rise last year, hitting a record $3trn despite financial market turmoil and sluggish economic conditions, reports the Financial Times.
UK consumer confidence stuck at low ebb, survey shows
Prospects of a sustained rise in high street activity lifting the economy out of its double dip recession were dealt a blow on Tuesday with news that consumer confidence is stuck at a low ebb, reports the Guardian.