Hargreaves Lansdown has reported a 10% rise in assets under administration (AUA) and net new business of £3.3bn in the four months to 30 April, largely helped by a recovery in investor confidence and the launches of the Woodford Income Focus fund and the HL Select UK Income Shares fund.
In its latest trading statement released today, the group reported net new business of £3.3bn during the four-month period under review, and year to date this rose to £5.6bn. AUA increased by 10% from...
Effective as of 1 November
In this week's inflation print, the UK hit a highpoint. According to the Office for National Statistics, the UK's CPI rate hit 3% - a level not seen in more than 5 years. And it's not just the UK - globally inflation has been creeping up.
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