News

The European Central Bank's monetary stimulus programme is likely to fail without full-blown bond purchases and could lead to a recession in the eurozone, Standard & Poor's has warned.

Royal Mail suffered a 21% profit fall in the half year ending 28 September 2014, but beat analysts' expectations of a 30% drop.

Sustainable investment is a growing trend in the UK market, which has the second-largest sustainable investment industry in the world, according to the UKSIF.

Cazenove Capital Management's CIO Richard Jeffrey said the Bank of England should have raised interest raised this year instead of waiting for perfect economic conditions.

The Financial Services Compensation Scheme (FSCS) expects to pay out £60m in claims against failed ARM bonds distributor Catalyst Investment Group this year.

Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.

Japanese prime minister Shinzo Abe has told senior politicians he will delay a proposed sales tax rise and call a snap election in December, according to reports.

Association of British Insurers(ABI) director general Otto Thoresen is to step down in 2015 to chair the National Employment Savings Trust (NEST).

UK CPI inflation rose to at an annual rate of 1.3% in October, according to ONS figures released today.

M&G reported a net outflow of more than £1bn in the UK during the first nine months of the year, although this was offset by strong sales in Continental Europe, the group said.