News

Barclays will sell £300m of leftover stock on the open market today after almost 95% of shareholders took the opportunity to buy up discounted shares during its rights issue.

Christine Lagarde, managing director of the International Monetary Fund (IMF), has warned that the US' failure to raise its debt ceiling could be far worse than the country's current government shutdown.

The number of offers of redress from banks to customers who took out interest rate hedging products is set to increase "rapidly" over the coming months, the Financial Conduct Authority (FCA) has said.

A simple typographical error boosted Spain's 2014 public debt forecast by €10bn (£8.4bn), the government has admitted.

Charles Stanley Direct has criticised Hargreaves Lansdown over the cost of its platform transfer charges after the country's biggest D2C platform delayed its shift to a new pricing structure.

Embattled property fund house Brandeaux has admitted the net asset value on its suspended £92m Ground Rents fund is likely to be 5% less than anticipated.

Old Mutual Wealth has named Peter Mann as vice chairman and Steven Levin as global head of distribution.

Advisers' contributions to the Financial Services Compensation Scheme (FCSC) may rise if a Financial Conduct Authority (FCA) proposal to widen the number of eligible claimants in the event of an investment failure is approved.

The tax benefits of writing life insurance in a trust have been widely publicised, but other assets can also benefit from this type of proetection.

There is a common misconception that financial advice is reserved for later life, but younger people could be missing a trick by delaying.