News

The House of Lords' economic affairs committee has recommended a delay to the government's imminent tax crackdown on limited liability partnerships (LLPs).

HM Revenue & Customs has withdrawn VCT approval for the Oxford Technology trust after it was found to have breached rules over the amount it held in a single firm.

Vinculum Fund Management, launched by former chief executive of Liontrust Nigel Legge in 2011, has closed after failing to raise sufficient assets.

A 21-year-old has been arrested and interviewed as part of a Financial Conduct Authority (FCA) investigation into boiler room fraud.

Analysts suggest the Bank of England may look to an unlikely source for interest rate guidance after New Zealand today became the first developed market to raise rates since the financial crisis.

L&G Investments has hired Martin Holland in a newly-created role as head of discretionary sales.

Majedie has announced that it will close its top-performing UK Income fund when it reaches £1.5bn, following a spate of inflows.

Shares in the UK's three main supermarket chains have tumbled today after Morrisons warned profits could halve this year and raised the prospect of sector-wide discounting.

Hargreaves Lansdown received over 600 individual deals on fund prices before it decided which funds would make it onto its new Wealth 150 + list, Investment Week can reveal.

F&C Asset Management has warned it faces ‘signicant headwinds in the short term' following the loss of its strategic partnerships, as it urged shareholders to approve a £700m takeover deal.