The government is to pay off part of the UK's First World War debt, as part of a redemption of bonds stretching as far back as the 18th century.
‘Expectations for the UK are getting ahead of themselves’
Barclays has reported a 15% rise in Q3 profit but also set aside £500m for potential fines relating to manipulation of foreign exchange markets.
Net inflows at St James's Place (SJP) rose 23% in the third quarter as ISA rule changes helped boost new business, interim results show.
Former Schroders manager Julie Dean is to join former Cazenove colleagues Chris Rice and Tim Russell at Sanditon Asset Management.
Lloyds Banking Group has set aside an extra £900m in payment protection insurance (PPI) provisions and confirmed it will cut 9,000 jobs as part of a switch from high street to digital banking.
Debt levels remain extraordinarily high, and UK growth is being driven by debt-fuelled consumption and the wealth effects of overheating residential property, says Miton's Eric Moore.
Valuations of interest rate sensitive cyclicals have started falling, so are rate rises already discounted in share prices? L&GI's Richard Penny explores.
Former Threadneedle head of UK equities Simon Brazier will take over as manager of the £181m Investec UK Alpha fund when he begins his career at the asset manager next month.