UK

TIP OF THE WEEK

Schroders' Andy Brough still sees ‘a lot of value' in stricken oil giant BP, despite admitting the company can never return to its former glory.

UK retail sales fell by 0.5% in August, surprising economists who had expected a 0.3% rise.

Investors should not surrender to gloomy predictions when it comes to the UK stock market.

Banking giant HSBC's strong profitability could allow the group to "materially" increase its dividend, a City analyst suggests.

Jupiter's Simon Somerville has been named John Chatfeild-Roberts' deputy manager on the £275m Global Managed fund.

ON UK INCOME

PSigma's income guru Bill Mott says defensive sectors are offering the most attractive yields relative to 10-year gilts he has ever seen.

Fidelity International is changing its name to ‘Fidelity Investment Managers' in an effort to better reflect the group's primary focus.

Nick Gartside will join J.P. Morgan Asset Management next year as the international CIO of fixed income, the group's lead bond investor outside the US.