News

The UK economy is going through a "slow and difficult healing process" but there are positive signs for the future, the Prime Minister has said.

Financial advisers in the UK "lag their US peers" in making use of softer skills, according to life coach Maria Nemeth.

Support services provider threesixty has bought a 25% stake in outsourced paraplanner service The Timebank.

Conventional annuity rates have dropped 7% since June and enhanced rates have fallen 5% in the same period, according to analysis from provider MGM Advantage.

More than 30% of people aged over 60 are confused about annuities, research conducted by Age UK has found.

Chancellor George Osborne's proposed tax-free share plan is set to face fierce opposition from European politicians, despite strong support at home.

Iain Duncan Smith has confirmed plans for a flat-rate state pension are still going ahead.

Barclays has bought ING Direct UK and will merge the outfit into its retail banking operations.

The International Monetary Fund (IMF) has told the UK to prepare to revise its economic strategy if growth continues to disappoint, the FT reports.

A large number of applicants hoping to become the next Bank of England (BoE)governor are from India, including one who is serving a prison sentence, The Times reports.