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News

Economics / Markets

FTSE surges past 6,000 to reach 18-month high

Strong data from China and a deal to avert the US fiscal cliff have helped push the FTSE 100 past the 6,000 mark for the first time since July 2011.

clock 02 January 2013 •

Economics / Markets

Thinktank tips 50% chance of UK triple-dip recession

A leading thinktank has urged the government to take drastic steps to stimulate economic growth in the UK, as another forecast a 50/50 chance of a triple-dip recession.

clock 02 January 2013 •

Regulation

Arch Cru victims unlikely to get global funds settlement

Investors embroiled in the CF Arch Cru funds scandal are unlikely to benefit from a global compensation settlement, despite several MPs campaigning on their behalf, one key minister had said.

clock 02 January 2013 •

Regulation

APFA demands more product producer responsibility

The Association of Professional Financial Advisers (APFA) is calling for more product manufacturer responsibility when marketing materials are relied on by investors and advisers.

clock 02 January 2013 •

RDR

SIFA to welcome 'restricted' independents

SIFA, a body aimed at promoting collaboration between solicitors and independent financial advisers, has clarified its membership eligibility rules to reflect changes to the definition of IFA.

clock 02 January 2013 •

Tax Planning

Child benefit changes due to come in

HM Revenue and Customs (HMRC) is reminding high-earning Child Benefit recipients that they have until 6 January to decide whether to stop receiving the benefit.

clock 02 January 2013 •

Economics / Markets

Barack Obama welcomes US 'fiscal cliff' resolution

US President Barack Obama has praised a deal to prevent a "fiscal cliff" of spending cuts and taxation.

clock 02 January 2013 •

Economics / Markets

UK risks 'groundhog year' in 2013, warns thinktank

The UK economy may see little or no growth in 2013 in what could represent a 'groundhog year' for Britain, a thinktank has warned.

clock 02 January 2013 •

Regulation

MoJ shuts 209 claims management firms in six months

The Ministry of Justice (MoJ) closed more than 200 claims management companies in a six-month period as part of a crackdown, figures show.

clock 02 January 2013 •

Regulation

Ex-FSA chief Sants knighted in New Year honours list

Former FSA chief executive Hector Sants has been awarded a knighthood in today's New Year honours list.

clock 29 December 2012 •
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