News

Tesco has announced plans to create more than 800 customer service centre jobs in Scotland to support its finance operation, reports the BBC.

The FTSE 100 has bounced back over 4,700 for the first time since opening this week, with mining stocks at the forefront of today's strong gains.

Clive Norman, an independent mortgage adviser at Sovereign Financial Planning in Eastbourne, is calling for the industry to support a petition posted on the No 10 Downing Street website demanding the Government intervenes to outlaw dual-pricing.

Aviva Investors has recruited Artemis UK hedge fund manager John Wood to run its UK Growth portfolio.

Corporate bond funds saw a resurgence in popularity following a two-month dip in demand, accounting for a third of net sales on the Cofunds platform in July.

Lloyds Banking Group will not close all of its Cheltenham & Gloucester branches in November as had been planned.

First-time buyers (FTBs) helped kick-start the recent mini revival in the mortgage market, research suggests, while home movers and investors are also making an impact.

Guildford-based IFA Keith Churchouse is in the late stages of publishing The First Churchouse Chronicles, a book documenting his 24 years in financial services.

Resolution's proposed acquisition of Friends Provident could kick-start life industry consolidation in 12 months time, according to Friends CEO Trevor Matthews.

The FSA has banned and fined a London mortgage broker for submitting false and misleading mortgage applications with massively inflated incomes.