News

A man and woman from Enfield who ran a financial advice firm have each been jailed for two years for fraudulently trying to claim almost £145,000 in Gift Aid.

US markets fell yesterday after minutes from the latest FOMC meeting revealed concern over the impact of further QE, while disappointing housing data also hit shares.

Former J.P. Morgan Chase & Co investment banker Ed Woodward will become Manchester United's next chief executive in July after David Gill announced he will step down from the role at the end of the season.

Global stock markets have notched up impressive gains over the past three months, with the FTSE 100 yesterday breaking the 6,400 barrier to reach a five-year high.

Architas, the investment arm of AXA Wealth, reported assets rose 20% from £9.4bn to £11.3bn in 2012.

The FSA now intends to publish its long-awaited final platform paper in Q2 2013, having originally planned to release final rules by the end of last year.

Investec Asset Management has scrapped the initial charge on its UK OEIC fund range, which includes high profile funds such as Alastair Mundy's Cautious Managed portfolio.

The pound has moved towards a year low today against the dollar, its recent weakness having been exacerbated by the revelation BoE governor Sir Mervyn King voted for further stimulus this month.

The FBI is investigating whether insider trading took place in Heinz shares ahead of the food giant's historic deal with Warren Buffett's Berkshire Hathaway.

Sanlam Private Wealth has acquired the client bank of two more financial planning companies as part of its drive to increase its presence in the UK.