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Daily Markets News - 18 October

The FT reports the Bank of England is planning to delay the start of its planned QT in order to encourage greater stability in gilt markets.

Sky News suggests Panmure Gordon is looking at a merger with listed rival FinnCap as a slowdown in corporate activity drives the need for cost savings.

Bank of America reported a smaller than forecasted nine percent drop in quarterly profits, buoyed by higher interest rates, and states that consumers remain resilient.

Publicis, the third largest advertising group in the world, announces higher than expected organic Q3 growth and lifts its full-year guidance for the second time this year.

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