News

The UK is out of recession and had its strongest quarter in two years over the three months to September, according to NIESR.

Investment trust providers are coming under pressure to reduce annual management charges after being undercut in certain sectors of the market by OEICs and unit trusts.

Offshore tax havens Guernsey, Jersey and the Isle of Man are working towards an agreement with the US government on FATCA, the incoming regime to prevent tax evasion.

Monday 19 October, 1987, is known as 'Black Monday' after stock markets worldwide plummeted in a single day.

M&G Investments is to change the name of Ben Lord's £339m M&G High Interest fund next month to reflect its new investment approach.

Investec's stockpicking veteran Alastair Mundy has bought into Royal Bank of Scotland after a change of sentiment towards elements of the UK's beaten-up banking sector.

The UK's trade deficit more than doubled in August as imports of goods outstripped a small uptick in services exports.

HM Revenue & Customs (HMRC) is to publish further guidance on whether discretionary fund managers should be eligible for VAT payments.

Chancellor George Osborne's proposed tax-free share plan is set to face fierce opposition from European politicians, despite strong support at home.

Key Asian markets showed resilience from global growth fears as the main Hong Kong and Chinese stock markets rallied strongly overnight, though Japanese stocks bucked the trend.