News

Wealth manager Towry has agreed a £70m refinancing deal which will reduce its cost of capital and give it cash for acquisitions.

Neil Woodford has said he plans to create a major asset management business, rather than a simple boutique, as he begins life at Woodford Investment Management.

Aberdeen has reported £8.8bn in net outflows for the six months to 31 March 2014 despite redemptions slowing in the final month of the period.

Barclays' profits have fallen in the first quarter with the investment bank suffering almost a 50% drop in profits, according to its quarterly report.

The Bank of England looks set to leave interest rates on hold again this week, but a hike before the General Election is seen as increasingly likely.

Britain's rapid growth rate will become "ingrained" and more balanced, the European Commission said on Monday, as two separate reports suggested the strong rate of expansion was likely to continue.

The Financial Conduct Authority (FCA) has appealed Thursday's court decision to halt its case against a group of alleged fraudsters after no barristers were willing to represent them.

Treasury Committee chairman Andrew Tyrie has described as a "welcome step forward" the details of an independent inquiry into how the Financial Conduct Authority (FCA) allowed market sensitive information about its supervisory work to reach the public...

The 55% tax charge payable on pensions at death is too high and should be brought into line with the inheritance tax (IHT) regime, according to Standard Life.

Equinti Group is in exclusive discussions to take ownership of D2C platform Selftrade as French parent Boursorama cuts its losses on the business.