News

Bank of England governor Mark Carney has warned on the complications of withdrawing monetary stimulus - just hours before the US Federal Reserve may announce a tapering of its own asset purchase programme.

The taxpayer lost £230m on the government's disposal of part of its stake in Lloyds Banking Group, according to the National Audit Office (NAO), despite claims the sale was made at a profit.

The number of firms regulated by the Financial Conduct Authority (FCA) is set to soar next year after the regulator assumes responsibility for supervising consumer credit activities.

A year hyped as the start of a great rotation from bonds into equities actually saw more of a trickle out of fixed income, but it was not plain sailing for bond funds.

All bets are off on when the Federal Reserve may begin tapering, and investors should therefore prepare themselves for a taper as early as this week, said M&G's Anthony Doyle.

Next year will bring the realisation that super clean is not so super, predicts Fidelity FundsNetwork, with rebates trumping super clean share classes.

Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupation pensions which saw them net £4m in unnecessary commission.

Neil Woodford's £1.4bn Edinburgh IT is again trading on a premium to NAV as appetite for the trust returns despite his forthcoming exit from Invesco Perpetual.

Saxo Bank has published a list of ten 'outrageous predictions' which could play out in 2014 and impact global investment markets.

The UK's headline inflation rate has fallen to its lowest level in four years after edging down to 2.1% in November.