News

Jupiter's John Chatfeild-Roberts has warned investors not to get carried away with the euphoria surrounding equity markets, saying many companies are being kept afloat by low interest rates.

The Financial Services Authority (FSA) should get an independent body such as an accountancy firm to review the success of the Retail Distribution Review (RDR), Zurich's head of government and industry affairs team Matt Connell has said.

Shares in telecoms giant Vodafone soared in afternoon trading as rumours swirled of a possible merger with Verizon, or the end of its joint venture with the US firm.

Henderson's chief executive Andrew Formica has teamed up with Nichola Pease and a range of asset managers to launch an initiative to get young people in the UK work experience - and potentially jobs - in the City.

The Serious Fraud Office (SFO) has launched a joint investigation with Essex Police into complaints in relation to the Harlequin group.

The Office of Fair Trading (OFT) has told the country's 50 leading payday lenders that they have 12 weeks to change their business practices or risk losing their licenses.

Marlborough's top-performing fund manager Giles Hargreave has admitted it will be difficult for UK small-cap equities to replicate their 2012 performance this year.

Sir Mervyn King, the outgoing Governor of the Bank of England, has written to a small business owner to offer his sympathies after the man's own bank refused him a loan.

The FSA was aware that LIBOR rigging could pose a ‘significant issue' to the UK's banking system as early as 2008, an internal report has shown.

Insurance giant Legal & General (L&G) has reported increased operating profit of £1.09bn in 2012, beating analysts' forecasts thanks to double digit sales growth.