Warren Buffett famously said in early 2002 ‘you only find out who is swimming naked when the tide goes out'.
George Osborne is expected to crackdown on tax avoidance by the wealthy and support commuters, motorists and small businesses in this week's Autumn Statement, acording to reports.
Shares in beleaguered travel operator Thomas Cook have jumped 66% after it reached an agreement with its creditors to give it new access to funding, the BBC reports.
Jim Cox, the former head of UK equities at Schroders who mentored many UK equity managers over the last 30 years, has died.
Manager of £173m UK Alpha trust uses barbell approach to find unloved value and growth ideas against volatile backdrop and macro headwinds.
Thomas Cook shares jumped 47% on Thursday in anticipation of an announcement the travel giant has secured the £100m loan it needs to avoid going bust.
The UK economy grew by 0.5% in the third quarter, the Office for National Statistics confirmed today in its second official estimate.
The yield on German bunds has risen above UK gilts for the first time since 2009 after Japan shifted out of bunds overnight following Germany's disastrous debt auction.
A Financial Policy Committee member has branded lobbying tactics by banks against tighter financial regulation as "intellectually dishonest and potentially damaging".