News

The government's Help to Buy scheme has triggered over £1bn of new home loans in the first three months since its inception, the Prime Minister has said.

The Financial Conduct Authority (FCA) consumer panel has appointed three new members, including a BBC journalist and former Treasury adviser, following the departures of Dan Plant and Frances Harrison at the end of December.

Alliance Trust Savings (ATS) is increasing the annual administration fee for the platform by up to £35 from the start of February.

J.P.Morgan Chase & Co has revealed it paid more than 100 of its top staff in the UK an average of £2m each in 2012.

The Guernsey Financial Services Commission (GFSC) has approved the restructure of the suspended EEA Life Settlements fund, in a move which could finally allow investors to exit the fund after a two-year wait.

Gold is on course to record its worst year for more than three decades following huge falls over 2013.

The Financial Conduct Authority (FCA) has warned investors about potential scams involving the sale of graphene.

The government could dispose of its remaining stake in Lloyds Banking Group in 2014 through a combination of sales to retail and institutional investors, according to reports.

Peter Hargreaves, the co-founder and former CEO of Hargreaves Lansdown, has been given a CBE in the New Year's Honours list, while former Bank of England (BoE) deputy governor Paul Tucker has been knighted.

A mixed year for equity markets nonetheless ended on a high, with the FTSE 100 up over 12% year to date and the FTSE All Share 15% ahead, but which stocks thrived and which dived in 2013?