News

Dividends paid out by UK companies this year are expected to undershoot previous estimates as the impact of the strong pound hammers payouts, Capita's latest Dividend Monitor has warned.

An investigation into Tesco's profit overstatement has uncovered evidence of "inappropriate behaviour" by staff, although the shortfall may be less than first feared, according to reports.

The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.

Former Legal & General (L&G) head of high alpha fixed income Dickie Hodges is to join Nomura Asset Management as he returns to the industry, Investment Week can reveal.

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.