Investment General

Staff at RBS's investment unit have been told the company will not subsidise Christmas parties this year as it looks to cut spending.

The lastest round of quantitative easing (QE) has made gilts more expensive and may drive international bond investors to cash in on the asset class, fund managers warns.

Tesco Bank has posted a 65.9% increase in profits for the first half of 2011/12 compared to the same period last year.

Chancellor George Osborne has revealed the government will use credit easing to direct money towards small businesses.

Market turmoil has eroded investor confidence but this presents IFAs with a prime opportunity, according to Axa Wealth.

Confidence in the UK economy amongst advisers has fallen by 5% this quarter, Skandia says.

More than half of IFAs predict the retail distribution review (RDR) will drive consumers to self-invest over the next year, Legal & General (L&G) Investemnts says.

Shadow chancellor Ed Balls has demanded five immediate actions to avert further financial turmoil.

Billionaire investor Warren Buffett has retained second spot in Forbes latest list of America's richest people, despite seeing his personal wealth fall by $11bn.

Tim Breedon, CEO of Legal & General (L&G), is to retire from the company at the end of 2012, when he will have completed a quarter of a century at the insurer.