News

UK stocks crept higher ahead of today's Autumn Statement, with the FTSE 100 nearing 5,900 points as miners lifted the market.

Chancellor George Osborne is set to announce austerity measures will be extended into 2018 and banks will face more tax in a "bleak" Autumn Statement, according to reports.

Reinsurer Swiss Re could be on the hook for $1bn in damages over a life insurance deal agreed with Warren Buffett's Berkshire Hathaway conglomerate, according to reports.

Brewin Dolphin's discretionary funds rose 16.7% to £18.2bn at 30 September 2012, up from £15.6bn the year before.

The former chief executive of HBOS sold off two-thirds of his personal stake in the bank's shares before the lender collapsed.

Tesco is considering selling off its loss-making US business Fresh & Easy, announcing it will conduct a strategic review of the retail franchise.

The manager of the world's largest bond fund has highlighted four structural headwinds that pose a risk to growth in developed economies such as the US.

The Investment Management Association (IMA) has criticised FSA proposals aiming to clarify the definition of absolute return funds, warning it risks putting UK-authorised funds at a disadvantage.

Friends Life has confirmed 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

The Financial Ombudsman Service (FOS) has revealed details of a complaint where it has ruled in favour of a couple and against their IFA in a £60,000 case.