Vote Leave wins by 51.9%
Did the Swiss franc just become the new Deutschemark?
Most people don't know what investment management is and even fewer understand what asset managers do. But what this industry does is really important, both for individuals and the economy as a whole.
Today's censure of Capita Financial Managers (CFM) by the FSA is a damning indictment of the firm's failings - and a vindication of advisers' pleas.
One of my favourite films from the early 1980s is "The Long Good Friday". Despite the fact that Bob Hoskins' character is a top London gangster, one warms to his personality. And, in the final scene of the film, one even has pity for his predicament....
Warren Buffett, Bill Gross and UK fund stars including Jim Leaviss have seen their warnings on US treasuries proved right as S&P downgraded its outlook for US credit.
BUDGET 2011 BLOG
Election drama and political uncertainty may be exercising the market in the UK, but sharp falls overnight in stock markets round the world were a reaction to a different factor: the surprising complacency demonstrated by the European Central Bank (ECB)...
So what do out of work MPs do now? Get a job in financial markets?
Whitechurch explains how to ensure your investment portfolio prospers following any outcome on May 6.
If there is any consensus amongst investors, strategists and financial commentators, it is that in the run-up to polling day sterling will weaken further, gilt yields will rise and the equity market will fall.
Notes from the Budget: Alistair Darling does it very well. I've sat through many, and he delivers clearly, directly, smoothly.
Today's Budget may have seemed like a long, drawn-out, predictable litany of banker-bashing and pre-election tax breaks, but hidden deep among the tedium was at least one bold announcement - that financial capability is to be taught as part of maths GCSE....
So if Wayne Rooney is worth more than the boss of Goldman Sachs, and don't forget he reckoned Goldman's are doing God's work, then how much is Neil Woodford worth?
It was very kind of the Government to make the announcement a few weeks ago that it was going to allow product placement on television - not on the BBC of course, because God forbid the Beeb should not be seen as being impartial.
In an interesting twist on locking the stable door after the horse has bolted, the Financial Service...