News

Reigning Premier League champions Manchester United reported record revenues for the 12 months to June yesterday.

The US Federal Reserve surprised investors and sent shares soaring after it unexpectedly opted to hold back on any tapering of its stimulus last night.

The Financial Conduct Authority (FCA) is not seeking to pile more pressure on adviser firms already under financial strain by investigating payments they may receive from providers, its director responsible for supervising advisers said.

Troy Asset Management CEO Sebastian Lyon has pledged to retain his 'natural caution' in the face of an increasingly optimistic atmosphere for equity investment.

The prospect of today's tapering announcement from the US Federal Reserve kept action in the FTSE 100 to a minimum in morning trading.

Fidelity FundsNetwork has told advisers it has no plans to switch off trail commission before the 2016 deadline.

The Financial Conduct Authority (FCA) has found breaches to Principle 8 regarding conflicts of interest in half of the firms it reviewed as part of a report into inducements in the financial sector between advisers and providers.

The FTSE 100 will soar past its record high to reach 8,000 by the end of 2014, according to analysts at Citigroup.

Ardevora's Jeremy Lang, manager of the group's UK Income fund, remains nervous on banks but has renewed faith in opportunities in telecoms as the sector evolves.

Royal Bank of Scotland(RBS)could make a decision on the sale of its 315-branch Project Rainbow business this week, amid reports one of the three bidders for the unit has had its offer rejected.