News

The Bank of England (BoE) has elected to hold the base rate at 0.5% and maintain the size of its quantitative easing (QE) programme at £375bn.

Old Mutual Global Investors' Richard Buxton has warned five major trends could affect the global economy throughout September and October.

Bright Grey and Scottish Provident are to launch a series of enhancements to their protection products by end of October.

Axa UK has appointed Bertrand Poupart-Lafarge as the UK group's chief financial officer.

A mortgage adviser is to spend nine months in prison for removing an entire kitchen from a Sleaford couple's home days before it was due to be repossessed.

The Financial Conduct Authority (FCA) has cancelled an an advisory firm's permissions after it failed to submit its Retail Mediation Activities Return (RMAR) on time and did not hold adequate professional indemnity insurance (PII).

Europe's insurers spent as much as €9bn keeping pace with a barrage of regulatory changes imposed on the industry in the years following the financial crisis, according to a report by Deloitte.

The former chief executive of The Co-operative Bank yesterday accused his successors of taking their "eye off the ball" ahead of the lender's failed bid to buy more than 600 Lloyds branches, a move which exacerbated a £1.5bn capital hole in its accounts....

Nearly one third (32%) of public sector workers are considering returning to work post retirement due to financial concerns according to research from Teachers Assurance.

Rowan Dartington has restructured its senior team, resulting in Tim Cockerill taking over as investment director and Guy Stephens as managing director of the Signature division.