News

Blue chips have had a first stab at hitting the magic 6,000 level following gains in the US overnight and are regrouping after falling just one point short.

London's top share index ticked towards 6,000 late on Wednesday as tech giant ARM Holdings added 11% on rumours of a deal with Microsoft.

The Treasury and the FSA are proposing to extend the regulator's powers to discipline firms who flout EU regulations or decisions made under UCITS IV.

An advisory practice set up by former Bestinvest strategy director Dominic Cummings has had its Part IV permissions cancelled by the FSA for compliance failures.

Apprentice contestant Christopher Farrell has pleaded guilty to four counts of mortgage fraud.

Bupa has hit out at private hospitals for not publishing care quality measurements to match those from NHS trusts.

AIFA has begun a top-to-bottom strategic review by inviting members to comment on the future role and responsibility of the organisation.

A TV advert for Aviva, in which the insurer claims it can provide 20% more income for annuity customers, has been banned by the Advertising Standards Authority (ASA).

Sterling touched a three-month low against the dollar before rebounding as the Monetary Policy Committee (MPC) revealed continued division on interest rates while UK growth was revised down.

Ernst & Young (E&Y) "sat by silently" as Lehman Brothers tried to hide its financial problems from investors in the months before its collapse, US prosecutors have alleged in a lawsuit.