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News

Economics / Markets

BoE has 'room to raise interest rates' without hitting borrowers

The Bank of England (BoE) could increase interest rates a "fair amount" without hurting homeowners taking advantage of the government's Help to Buy scheme, according to one of its policymakers.

clock 21 October 2013 •

Investment

Channel Island Stock Exchange reopens to new members

The Channel Island Stock Exchange (CISX) has reopened to consider new listing applications.

clock 18 October 2013 •

Investment

EEA Life Settlements shareholders approve fund restructure

Investors who have been trapped in the EEA Life Settlements fund for over a year yesterday voted in favour of restructuring the company.

clock 18 October 2013 •

Regulation

FCA bans and fines two IFAs £885k for misleading 300 clients over property scheme

The Financial Conduct Authority (FCA) has fined two directors of a Surrey-based IFA £885,000 and banned them from holding any position at a financial firm for misleading investors to invest in overseas property schemes that they were also in charge of....

clock 18 October 2013 •

Investment

Pru: Expect further cuts to pension annual allowance

A frozen income tax threshold coupled with mass auto-enrolment will result in the annual pension allowance being cut further, meaning people should increase contributions while they can, according to Prudential.

clock 18 October 2013 •

Investment

Invesco's Barnett: I am ready to hike cash to manage Woodford outflows

LIFE AFTER WOODFORD

clock 18 October 2013 •

Regulation

HSBC ordered to pay out $2.5bn after losing lawsuit

HSBC has been ordered to pay out $2.46bn by a US court after it lost a class action lawsuit against Household International, the lender it bought pre-crisis.

clock 18 October 2013 •

Equities

IMA ejects another fund from UK Income sector as cull continues

The Investment Management Association (IMA) has removed the CF JM Finn UK Portfolio fund from the UK Equity Income sector after it failed to meet yield requirements.

clock 18 October 2013 •

Economics / Markets

Chinese growth rebounds to 7.8%

China's economic growth accelerated for the first time in three quarters in Q3, as the country opted for an immediate boost to GDP by ramping up factory output.

clock 18 October 2013 •

Equities

Woodford caps dramatic week by collecting CBE at Buckingham Palace

Neil Woodford was among those awarded honours by Prince William at Buckingham Palace yesterday, days after he announced his departure from Invesco Perpetual.

clock 18 October 2013 •
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