News

Two tax consultants have been charged with fraud over their part in a £1m tax scheme which took advantage of charity reliefs.

The leader of a £1.5bn bid to take over 315 branches up for sale by Royal Bank of Scotland (RBS) has warned the lender it must take the offer seriously.

Fears over the end of QE in the US and stronger data from the eurozone caused UK and US government bond yields to jump on Monday, surprising investors.

Tapering panic has driven a major sell-off in government bond markets over the last month, but bond investors suggest there is scope for yields to go even higher from here.

M&G's Jim Leaviss established small positions in selected emerging market debt and currencies at the end of July despite remaining bearish on the asset class as a whole.

Investec's Clyde Rossouw has backed Samsung to confound market expectations of a slowdown in the smartphone market as he positions his Global Franchise fund for the second half.

The five major UK banks all recorded a profit in the first half of the year for the first time since 2010, a report has found.

The son of troubled overseas property company Harlequin's chairman has been disqualified from being a company director for 13 years.

The Financial Services Compensation Scheme (FSCS) has so far compensated 1,700 claimants with a total of £32m in relation to the failed CF Arch cru funds.

Fund buyers have been rotating their equity exposure from growth to value plays, to take advantage of improving global economic conditions.