UK

Stephen Bailey, co-manager of the £584m Liontrust Macro Equity Income fund, explains why he and Jan Luthman have turned positive on the UK consumer.

The former BlackRock executive who paid £43,000 compensation for dodging train fares has said reports of his wrongdoing have been exaggerated.

The outlook for dividend growth in the UK remains positive, underpinned by relatively low payout ratios, strong corporate balance sheets, and a steady economic recovery, which should support UK equities over the coming months.

The fact that the FTSE 100 finally eclipsed its previous closing high from December 1999 made for interesting headlines recently, but this does not tell the whole story, according to Franklin Templeton's Ben Russon.

'I have to prove I am credible in UK All Companies'

Several years on from launch, retail fund buyers are showing increasing interest in a strategy which seeks to bridge the gap between passive and high alpha portfolios.

UK supermarket Sainsbury's reported a drop in retail sales for the fourth quarter of 2014 as it warned its market will "remain challenging for the foreseeable future"

Liontrust's Anthony Cross, one of the largest shareholders in Charles Stanley, has backed the wealth firm's decision to offload its securities arm and said the company's business review can help it gain ground on peers.

Ian Trevers, head of UK retail at Invesco Perpetual, is to leave after more than two decades at the business.

Henderson European equities director John Bennett has joined the board of beleaguered Scottish football club Rangers.