News

Measures to tax bank bonuses 50% have raised £2bn for the Treasury, part of which will be spent on a scheme to help small businesses thrive.

Follow the Chancellor's key Budget announcements as they happen...

Abu Dhabi Securities Exchange (ADX) has listed the first ETF in the region, with the launch of the NBAD OneShare Dow Jones UAE 25 fund.

Friends Provident has sold its stake in national IFA Pantheon Financial Services to company CEO James Kaberry.

The FTSE edged higher at the start of trading today following a strong showing by US stocks yesterday. As at 8.45 GMT, London's leading index was up 0.2%, or 11 points, to 5684.

Alistair Darling delivers his third Budget today and you can follow all the developments as they happen right here on IFAonline.co.uk from midday.

Friends Provident returned to profit in 2009 after making a loss of almost £250m in the previous year.

Profits at Sesame Bankhall Group and Pantheon Financial, Friends Provident's UK distribution businesses, fell by £6m last year compared with 2008.

Banks were told to brace themselves for "payback time", as Alistair Darling put the finishing touches to a Budget that will propose new bank taxes and force them to improve the way they deal with customers and small businesses.

As the deadline approaches for subscriptions into Anthony Bolton's much-anticipated Fidelity China Special Situations investment trust, IFAonline and Investment Week bring you more than 20 of the legendary stock picker's favourite investment quotes.