News

The government has come under fire for plans announced in the Budget to change tax allowances for pensioners, as stakeholders begin digesting the Chancellor's measures.

John Botham, head of European equities and manager of the £152m Aviva Investors European Equity fund, is leaving the company after his role was made redundant.

Hundreds of thousands of basic rate taxpayers will fall into the 40% income tax bracket when the government lowers the threshold next year.

BUDGET-LITE

George Osborne today delivered what he called "a Budget for working people". Here we pick the best quotations.....from the horse's mouth.

The government's plans to issue gilts with a maturity greater than 50 years, or even with a never-ending life, have been criticised as little more than a 'gimmick'.

GAM has launched the GAM Star Emerging Equity fund, to be managed by Tim Love and Joaquim Nogueira.

Barclays is dropping the 'Capital'and 'Wealth' tags from its investment banking division in an effort to restructure the bank under one brand.

Aberdeen is changing the mandate of the Edinburgh US Tracker investment trust, moving it from a passive to an actively managed US equity income portfolio.

BUDGET-LITE