{"id":30206,"date":"2026-04-26T17:02:18","date_gmt":"2026-04-26T17:02:18","guid":{"rendered":"https:\/\/microvibenews.com\/?p=30206"},"modified":"2026-04-26T17:02:18","modified_gmt":"2026-04-26T17:02:18","slug":"ewit-vote-heads-bank-updates-and-likely-rate-hold-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=30206","title":{"rendered":"EWIT vote heads bank updates and likely rate hold \u2013 Daily Business"},"content":{"rendered":"

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\"Jonathan\"Jonathan
Big week: EWIT chair Jonathan Simpson-Dent<\/em><\/figcaption><\/figure>\n

A big week lies ahead for an embattled investment trust, while the banks will be issuing their first trading updates since the outbreak of war in the Middle East.<\/p>\n

Shareholders in Edinburgh Worldwide Investment Trust will vote again on whether to back the board or a New York hedge fund which wants to install three nominees.<\/p>\n

Saba Capital Management, which owns about a third of the trust, last week issued an open letter to fellow shareholders in which it accused the trust\u2019s chair of spreading misinformation.<\/p>\n

The trust says a vote against Saba will reaffirm support for the company\u2019s strategy, while still providing those seeking liquidity with an exit through a tender offer after the AGM.<\/p>\n

Barclays, Lloyds and NatWest are expected to update on the impact of the Iran conflict which has raised costs across the business world.<\/p>\n

It has also put a brake on interest rate cuts and the Bank of England\u2019s monetary policy committee is expected to hold the borrowing rate at its meeting on Thursday.<\/p>\n

DIARY<\/u><\/strong>\u00a0<\/p>\n

Tuesday\u00a028 April<\/strong>\u00a0<\/p>\n

    \n
  • Full-year results from\u00a0Card Factory<\/strong><\/li>\n
  • Trading statements from\u00a0Barclays<\/strong>\u00a0and\u00a0BP<\/strong><\/li>\n
  • AGM NatWest<\/strong><\/li>\n<\/ul>\n

    Wednesday\u00a029 April<\/strong>\u00a0<\/p>\n

      \n
    • Full-year results from\u00a0Evoke<\/strong>\u00a0<\/li>\n
    • Trading statements from\u00a0AstraZeneca,<\/strong>\u00a0GSK, Haleon\u00a0<\/strong>and\u00a0Lloyds<\/strong>\u00a0<\/li>\n
    • US\u00a0interest rates\u00a0<\/li>\n
    • In the US, quarterly results from\u00a0Alphabet, Microsoft, Amazon, Meta Platforms<\/strong>\u00a0<\/li>\n<\/ul>\n

      Thursday 30 April<\/strong>\u00a0<\/p>\n

        \n
      • First-half results from\u00a0Beazley<\/strong>\u00a0<\/li>\n
      • Trading statements from\u00a0Endeavour Mining\u00a0<\/strong>and\u00a0Standard Chartered<\/strong>\u00a0<\/li>\n
      • AGM Edinburgh Worldwide Investment Trust<\/strong><\/li>\n
      • UK interest rates\u00a0<\/li>\n
      • Eurozone CPI inflation<\/li>\n
      • Eurozone interest rates<\/li>\n<\/ul>\n

        \t <\/div>\n