News

The government is proposing to launch a third kind of individual savings account (ISA) that encompasses peer-to-peer (P2P) loans.

The sell-off in UK smaller companies has created a far more attractive hunting ground for income seekers than that offered by larger companies, according to Charles Montanaro.

Japanese equities tumbled last night after a second day of market volatility, but the move in Asia failed to drag UK markets lower this morning as traders drew a line in the sand following savage falls over the past week.

The Bank of England's chief economist has suggested interest rates could remain low for a protracted period without causing inflation to spike.

The broad sell-off across equity markets this week is just a mid-cycle correction and will only make the equity rally last longer, Fidelity's Dominic Rossi has said.

Investors are "in the teeth" of a severe sell-off - but one which may be over relatively quickly, according to equity income manager Neil Woodford.

Old Mutual Wealth has finalised a deal to acquire Quilter Cheviot for £585m.

Sterling could fall much further against the US dollar if the UK's current account deficit is not addressed, bond managers have said.

HSBC is to review historical pension transfer cases to see if it is earning trail income for ongoing advice it is not delivering.

Equity boutique Alken Asset Management is to lift soft closure restrictions on two European funds next month.