News

Alliance Trust has reported its strongest yearly start for 20 years as markets soared at the start of 2013, but said the equity rally is unlikely to continue at the current pace.

Lloyds Banking Group expects to raise about £520m from the sale of part of its stake in wealth manager St James's Place (SJP).

Labour has been accused of playing "cynical party games" ahead of a House of Commons debate and vote on plans for a ‘mansion tax'.

The asset management division of Close Brothers, comprising both advised and managed solutions for clients, turned a profit in the six months to February thanks partly to a 6% increase in overall assets under management.

Billionaire Wall Street hedge fund titan John Paulson is reportedly planning to move to Caribbean island Puerto Rico to cut his tax bill.

Lloyds has put a 20% stake in wealth manager St James's Place up for sale, the bank confirmed this afternoon.

Chancellor George Osborne's Budget next week runs the risk of being a "dangerous missed opportunity" if he sticks to his guns on austerity, leading economist Roger Bootle (pictured) has said.

An ex-futures trader has been jailed for insider dealing after pocketing £591,000 in fraudulent deals.

Some 67% of bankers in the City were unhappy with their overall remuneration package in 2012 and feel "excellence is not incentivised" according to a new study.

Graham Bentley has quit Skandia amid the fallout from the group's merger with Old Mutual.