News

The Bank of England has said it will not raise the base rate of interest before the unemployment rate falls to 7% and warned investors are still expecting rates to rise sooner than is likely.

The Investment Management Association (IMA) has unveiled the results of its review into the fixed income sectors, including the creation of a new global emerging market (GEM) bond category.

The Financial Conduct Authority (FCA) has cancelled the permissions of insurance and mortgage broker Goldthorn Mortgage & Insurance Services following the liquidation of the company.

Falling household savings rates have contributed to the UK's economic recovery and prevented it from sliding back into recession, according to the Trade Union Congress (TUC).

Half of payday loan customers have described their experience as "positive".

The Financial Reporting Council (FRC) has launched its second investigation into Grant Thornton in as many days, this time in relation to work carried out for Manchester Building Society.

The Office of Fair Trading (OFT) has opened formal investigations into three "quick house sale" firms that promise to sell properties for struggling homeowners.

Jupiter is planning to scrap the performance fee on its Absolute Return fund from 1 November, two months after manager Philip Gibbs hands the vehicle over to new recruit James Clunie.

The Financial Conduct Authority (FCA) has appointed four directors to lead key areas of its supervision division, with Nick Poyntz-Wright heading up its long term savings & pensions unit which includes oversight of wealth management services and investment...

Old Mutual Wealth has report a pre-tax profit increase of 14% for the first half of the year to £108m, driven by a surge in gross inflows over the period.