News

Shares in Home Retail Group and Ocado - two of the most shorted stocks in the UK equity market - have leapt this morning after a pair of well-received announcements.

US regulators are scrutinising whether prices are being manipulated in the world's largest gold market, based in London.

Leading platform Fidelity FundsNetwork expects HMRC to rule imminently that rebates paid to consumers are taxable.

Central banks are pursuing domestic priorities and are not engaged in competitive devaluation, a senior Swiss economist told delegates at the recent FX Invest conference.

Underlying pre-tax profit at F&C rose 11% to £52.4m in 2012 as the group's 18 month restructuring programme drew to a close.

The director-general of the Institute of Directors (IoD) has hit out at the pay packages received by bankers.

Carl Stick, manager of the £504m Rathbone Income fund, has bought back into the mining sector for the first time in a number of years, initiating a small position in Rio Tinto.

UK income investors could be in for a dividend windfall as sterling continues to slide against the dollar, analysts have suggested.

Investment platform Skandia has criticised plans by the Financial Services Authority's (FSA's) to outlaw rebates on 'legacy' business paid by fund groups to platforms from 2016.

Germany's second largest bank Commerzbank slid as much as 14% today after it said it will sell €2.5bn to repay the government and insurer Allianz amid a company restructure.