News

Europe's major markets climbed on the first day of trading after Spain was granted a €100bn bailout for its banking sector.

Vince Cable is understood to be reconsidering a hard-hitting proposal that would see chief executives face an annual binding vote on their pay and bonuses.

A €100bn deal to shore up Spain's banking sector has boosted the euro and financial markets.

This year's charity auction for lunch with Warren Buffett closed last week with a winning bid of $3.46m.

A traditional portfolio construction is no longer adequate to protect against risk, a poll of advisers has found.

Cofunds is negotiating with asset management firms to renew agreements made years ago which could see groups forced to pay extra lump sums to the platform.

Retailer Marks & Spencer (M&S) is to launch a chain of in-store banks, offering products including mortgages.

The Scottish Government launched a tax consultation yesterday, proposing the removal of the slab Stamp Duty Land Tax format and a boost to homebuyer affordability in Scotland.

Cash incentives should be offered under "no circumstances" in enhanced transfer value (ETV) exercises, an industry code of conduct warns.

FundsNetwork has fired a warning shot to fund managers, saying any "special deals" struck up with rival platforms will be revealed under the transparency principles underpinning Retail Distribution Review (RDR).