News

The FTSE 100 is within sight of its all-time high after closing at its highest level for 15 years on Tuesday.

Dixons Carphone co-deputy chair John Allan is to replace Richard Broadbent as Tesco chairman, the supermarket has said.

Negotiating 'dangerous' markets

Fund fashions and fads

Old Mutual Global Investors has reviewed its governance and voting policies in a bid to end UK executive pay-offs that it says are "a reward for failure".

GLI Finance is considering the launch of a trust investing in a portfolio of loans with a "high single digit" yield target.

Neptune Investment Management's Mark Martin has overhauled the £66m UK Opportunities fund since taking over as lead manager, turning it into a higher conviction portfolio with fewer positions.

Retirees will have little comeback if they receive poor guidance outside of the Treasury's Pension Wise service, lawyers have warned.

The Gabelli Value Plus trust is to list on the London Stock Exchange on 19 February after a fundraising period described by Numis analysts as "a considerable success".

Inflation fell to 0.3% in January, the lowest level ever recorded, as price growth continued to slump on the back of falling oil prices.