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News

Economics / Markets

OECD slashes UK growth forecast

The Organisation for Economic Co-operation and Development has made a sharp cut to its forecast for UK growth in its latest interim economic assessment.

clock 06 September 2012 •

Economics / Markets

Bank holds rate at 0.5%, maintains QE at £375bn

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the interest rate at 0.5%.

clock 06 September 2012 •

Regulation

Cleared for landing: Ex-FSA head Davies swaps regulation for runways

Howard Davies, the former chairman of the Financial Services Authority (FSA), is to head up a commission looking into the possibility of a new airport in the south east, according to reports.

clock 06 September 2012 •

Economics / Markets

Hargreaves pans 'idiot' Clegg over rich tax

Peter Hargreaves has criticised ministers for failing to shore up the economy, and omitting to "look in their own backyard" for solutions to the problem.

clock 06 September 2012 •

Investment

SVM co-founder Robertson steps down

SVM's Donald Robertson has resigned from the group he co-founded back in 1990.

clock 06 September 2012 •

Regulation

IMA issues alternatives to 'perverse' changes to FSCS funding

The Investment Management Association (IMA) has issued a series of alternatives to the Financial Services Authority's (FSA's) "perverse" proposed changes to the Financial Services Compensation Scheme (FSCS), having previously criticised its unfair treatment...

clock 06 September 2012 •

Economics / Markets

US judge dismisses RBS shareholder case

Royal Bank of Scotland (RBS) shareholders involved in a £3.3bn lawsuit against the lender and former directors, including Fred Goodwin, have seen similar allegations made in the US dismissed.

clock 06 September 2012 •

Investment

Over 50s spending power slashed 9% in four years - Saga

A "toxic combination" of low interest rates, spiralling inflation and the Bank of England's quantitative easing (QE) policy has hit over 50s spending power, Saga has said.

clock 06 September 2012 •

Your profession

Nurses union signs three-year advice deal with Lighthouse

Lighthouse Financial Advice has signed a three year contract with the Royal College of Nursing (RCN).

clock 06 September 2012 •

Your profession

PFS names Garry Hale as president

The Personal Finance Society (PFS) has elected Garry Hale, managing director of HK Wealth Managers Limited, as president for the year 2012/13.

clock 05 September 2012 •
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