News

Wealth manager Brooks Macdonald Group is acquiring Canterbury-based Lawrence House Fund Managers Limited in its first acquisition since listing on Aim in 2005.

Merchant Securities has acquired Belgravia-based IFA and wealth management firm Cavendish Young for a fee of up to £1.3m.

Bankers blamed for the global financial crisis will see their pay packages limited under a blueprint for steering the international economy towards recovery, according to the Independent.

The FTSE 100 is being spurred forwards by Cadbury this morning on news the British chocolate maker has received a £10.2bn takeover approach from US goods giant Kraft.

Marlborough's ETF Commodity fund has cut its cash weighting to the lowest level since launch over thee years ago, on expectations of a strong recovery in the sector.

Over three quarters of small and medium sized businesses in the UK warn tax hikes for high earners will force entrepreneurs to set up shop overseas, a survey suggest.

Jupiter is launching two onshore unit trusts for Philip Gibbs, an international financials fund and a global absolute return vehicle, subject to FSA approval.

US blue chips barely moved off the starting blocks in opening exchanges despite Government data showing US unemployment in August reached its highest level since 1983.

Employers should do more to help their staff effectively plan for retirement, Scottish Widows says.

Just one in three advisers expect their business revenues to be mostly generated from fees after 2012, according to research.