News

The Financial Services Compensation Scheme (FSCS) says it does not expect any major investment failures in the next financial year after setting another interim levy for financial advisers.

Richard Brasher, the chief executive of Tesco's UK operations, is set to step down from his role after one of the most difficult trading periods in the supermarket giant's recent history, according to reports.

PIMCO's chief executive Mohamed El-Erian described Chancellor Merkel's decision to insist on fiscal reform as a ‘burden' to an already challenged political construct that is trying to restore order.

The UK's prized AAA credit rating has been put on "negative outlook" by Fitch, the second ratings agency to warn of a possible economic downgrade.

Philip Gibbs, manager of Jupiter's £710m Jupiter Absolute Return fund, has been "massively increasing" his position in Barclays debt in the belief that high yielding bonds represent a major opportunity.

The Financial Services Compensation Scheme (FSCS) has confirmed a £60m interim levy for financial advisers and other investment intermediaries.

Tom Dobell, manager of M&G's £8bn Recovery fund, has revealed two stocks he wishes he had never added to the portfolio.

Pension funds are uninterested in the Chancellor's rumoured 100-year gilt issue and have called for other maturities to be issued insted.

London's leading share index edged closer to the 6,000 barrier today, as financials put the FTSE 100 on track for its sixth straight session of gains.

Leading bond fund manager Jim Leaviss has questioned why investors - other than pension funds - should be interested in 100-year gilts, amid reports the Chancellor is gearing up to unveil them next week.