News

A new academic paper suggests an influential study used to argue the case for austerity contains a number of flaws - including a simple Excel spreadsheet error.

Hedge fund supremo John Paulson has reportedly lost almost $1bn of his personal wealth since the end of last week after the price of gold crashed.

Hargreaves Lansdown has achieved record levels of assets under administration after attracting £4.7bn of new money in the three months to April.

The Institute of Financial Services is now able to offer chartered membership in addition to its existing chartered titles.

George Osborne's austerity plan came under attack today from the International Monetary Fund (IMF) after it downgraded the outlook for UK growth by more than any other advanced economy.

The boss of retail banking at Barclays has admitted that 2012 was a "very difficult year" for the bank, and said the decision to release details of staff's £38.5m bonus details on Budget day was a "mistake" but claimed it was not an attempt to bury the...

Lighthouse Group's chief executive has questioned the long-term viability of the financial services industry after latest figures showed a quarter of advisers had quit between November 2011 and January this year.

Emerging market sovereign bonds have become overpriced following a surge in inflows as investors hunted for higher yields, City Financial's head of multi-asset Mark Harris has said.

Self-invested pensions provider Hornbuckle Mitchell has sold a 60.34% controlling stake in the business to two new private investors.

Financial services will never rebuild trust with consumers or affect a change in the sector unless custodial sentences are imposed on those guilty of criminal wrongdoing, Chuka Umunna, shadow business secretary has said.