News

Fund managers have shown their support for oil giant BP despite its record $17bn (£11bn) loss in the second quarter.

Standard Life's Stakeholder with-profits pension plans were hit by market volatility and lost 1.2% during the first half of the year.

UK tax on gains from exchange-traded commodities (ETCs) can vary between 18% and 50% due to inconsistencies in product structure, according to tax experts.

The Government is proposing to extend tax anti-avoidance measures in a crack-down on the use of discretionary trusts to dodge inheritance tax (IHT).

Gilliat Financial Solutions has introduced a new kick-out product in its latest suite of plans.

David Jones, the former Northern Rock chief financial officer (CFO) banned by the FSA for misreporting mortgage arrears, today described his punishment as "unfair and disproportionate".

David Jones, a former finance director at majority state-owned lender Northern Rock, has been banned and fined by the FSA for misreporting arrears figures.

An adviser who worked for now-defunct UK Expatriates IFA Services has been jailed for three years for stealing more than £330,000 from clients.

Government legislation to restrict unhealthy behaviours like smoking, drinking alcohol and eating fatty foods is inevitable if we are to retain a free NHS, according to a new report.

Banks pushed the FTSE higher by 0.55% to 5380.35 on news the Basel Committee proposed to water down its capital and liquidity reform package.