News

A director of a mortgage brokerage has been disqualified from acting as a company director for 13 years for misleading investors, the regulator and HMRC.

UK GDP growth in Q2 has been revised up marginally by the Office for National Statistics (ONS).

UK IFAs are among hundreds of creditors facing severe losses in a £60m investment scheme marketed as low risk but "tainted with illegality", according to the firm's liquidators.

Another Keydata adviser has been declared in default by the Financial Services Compensation scheme (FSCS), as it published a new list of 28 advice firms unable to meet claims against them.

Shares in Warren Buffett's firm Berkshire Hathaway have reached a new high of $200,000 each.

Passive fund providers are under renewed pressure to reduce the cost of investing in their funds, following a move by Fidelity Worldwide Investments to cut fees on its index tracker range.

Harlequin chairman David Ames is misleading investors into thinking the Financial Services Compensation Scheme (FSCS) backs a controversial trust he is trying to use to rescue his troubled overseas property scheme - a claim the scheme vehemently denies...

Neil Woodford's St James's Place mandate is in line for a rapid windfall from the manager's investment in Daisy Group after its chief executive said he was plotting a £500m buyout of his own company.

The government has been told it can sue French banking giant Societe Generale for allegedly mis-selling financial products to Northern Rock that were partly to blame for UK lender's collapse.

Invesco Perpetual is set to back the acquisition of Moneybarn by peer Provident Financial, in which it holds a 20% stake.