Eclectica Absolute Macro manager Hugh Hendry has said the UK government's decision to introduce a 'national living wage' lends credence to his investment thesis that politicians realise they must now reward workers in order to boost growth.
Financial services is not a sector where the word 'innovation' immediately springs to mind. However, that is exactly what I, and my fellow judges, were looking to recognise when we decided who should win the 20-Year Outstanding Contribution accolade at...
UK equity managers are the biggest winners in the latest bi-annual rebalancing of FE Trustnet's Crown Ratings, with 51 funds gaining the top accolade of five crowns.
Barclays is planning to cut over 30,000 jobs in the next two years, after firing chief executive Antony Jenkins earlier this month.
Inflation falling back to zero should lead to a further boost in consumer spending throughout the rest of the year, according to industry commentators.
Housebuilders' shares have taken a dive in early afternoon trading after Bank of England governor Mark Carney said a hike in interest rates is "moving closer".
UK CPI inflation fell back to zero last month, down from 0.1% in May, as the prices of clothing, fuel and food all fell.
Investment Week celebrated the 20th anniversary of its flagship Fund Manager of the Year Awards at a glittering ceremony at the Royal Albert Hall last night.
Barclays chief executive Antony Jenkins is to leave the bank as the board of directors calls for a change in leadership with a "new set of skills".