UK

More than 17,000 vicars, teachers and doctors have signed a petition urging Chancellor George Osborne to scrap plans to increase capital gains tax (CGT).

Veteran income fund manager Graham Ashby explains why now may not be the best time to sell BP and how the UK equity market could still deliver positive dividend growth in 2010.

A number of BP's largest shareholders - including Legal & General and M&G - have cut holdings in the troubled oil giant during its recent share price slide.

BlackRock's Mark Lyttleton has opened a short position on Legal & General as the manager continues to be bearish on the insurance sector.

Share trading in Vantis, the parent company of IFA Vantis Financial Management, has been suspended after the group admitted it may not have sufficient funding to continue to trade on a going concern basis.

The oil spill in the Gulf of Mexico is a huge problem for investors in the UK, as BP shares are held in virtually every UK portfolio, either knowingly or, in the case of pensioners and endowment holders, perhaps unknowingly.

The UK's new coalition Government is preparing to make large-scale spending cuts in an attempt to reduce the country's worryingly large Budget deficit, and managers are bracing themselves for the possible impact.

PIMCO has launched its two flagship active equity funds into the UK, focusing on deep value equity strategies.

Chancellor George Osborne is set to reveal this week the Bank of England will take overall charge of regulation of the financial sector and have "oversight" across the FSA.

UK GROWTH