News

Market participants are expecting interest rates in the UK to remain on hold until late 2014, according to Bank of England policymakers.

Schroders has cut the initial charge on a range of unit trusts from 5.25% to 3.25% ahead of the Retail Distribution Review.

Stephen Schwarzman, the Blackstone chief executive, took home $213.5m in pay and dividends in 2011, after seeing his pay jump by a third.

Laurence Fink, chief executive officer and co-founder of BlackRock, said global economies and markets are in a 'perfect storm' but warned investors against sheltering in cash.

Man Group shares soared in morning trading despite the group reporting a 40% fall in pre-tax profits for the nine months ended 31 December 2011.

The price of gold fell more than 5% as investors became more confident about the health of the global economy following comments yesterday from Fed chairman Ben Bernanke.

James Murdoch has stepped down as executive chairman of News International, following his relocation from London to New York, News Corporation has announced.

The 50p top rate of tax is damaging the economy and reducing government income, according to a letter signed by more than 500 business leaders.

The IMA £ Strategic Bond sector was more closely correlated than UK small-cap funds to the FTSE 100 last year, data has revealed.

Morningstar has unveiled its list of top performing funds for retail investors in 2011, a turbulent period for markets.