UK NEWS
Investment Week | 10 Feb 2012
Invesco Perpetual's Neil Woodford has revealed he sold out of his Tesco holding after the firm's profit warning last month, just as veteran investor Warren Buffett was snapping up the stock.
The Royal Bank of Scotland, the UK’s largest government-owned lender, has dismissed at least four employees in connection with a probe of potential interest-rate manipulation, sources told Bloomberg News.
Investment Week | 10 Feb 2012
Barclays made a pre-tax profit of £5.879bn in the year to 31 December 2011, 3% down from the previous year and a slightly larger fall than analysts had forecast.
Investment Week | 10 Feb 2012
MORE UK NEWS
Shares in travel group Thomas Cook were up nearly 8% this afternoon after it reported market share remained stable and revenues were up in the fourth quarter.
Investment Week | 08 Feb 2012
Troy Asset Management’s Francis Brooke has cautioned against overconfidence on BP’s anticipated announcement of a dividend increase when it reports its Q4 results tomorrow morning.
Investment Week | 06 Feb 2012
The FSA has begun a formal enforcement investigation into the rogue trade losses revealed by UBS last September.
Investment Week | 03 Feb 2012
Equities are likely to post gains in 2012 whatever the outcome of the sovereign debt crisis in Europe, according to Richard Peirson, manager of the £347m AXA Framlington Managed Balanced fund.
Investment Week | 02 Feb 2012
Standard Life has successfully sued its professional indemnity insurers for around £100m to recover losses related to its Pension Sterling Fund.
Investment Week | 01 Feb 2012
Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.
Investment Week | 01 Feb 2012
Germany has unveiled plans for an alternative to the Tobin tax in the form of European stamp duty on shares.
Investment Week | 27 Jan 2012
Royal Bank of Scotland (RBS) boss Stephen Hester is being urged to turn down a £963,000 bonus in shares awarded to him by the bank.
Investment Week | 27 Jan 2012
Deputy Prime Minister Nick Clegg is to urge the coalition today to "go further and faster" in implementing an increase in the income tax threshold.
Investment Week | 26 Jan 2012
More than 100 London investment bankers have launched a claim in the High Court for £42m in unpaid bonuses.
Investment Week | 26 Jan 2012
The Bank of England’s Monetary Policy Committee (MPC) once again voted unanimously to maintain interest rates at 0.5% and keep the quantitative easing (QE) programme at £275bn in January, despite fears inflation may fall below target levels.
Investment Week | 25 Jan 2012
Senior executives of Dalton Strategic Partnership (DSP) are set to purchase equity in the firm following the death of founder Andrew Dalton in April last year.
Investment Week | 25 Jan 2012
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