News

Deputy Prime Minister Nick Clegg is to urge the coalition today to "go further and faster" in implementing an increase in the income tax threshold.

More than 100 London investment bankers have launched a claim in the High Court for £42m in unpaid bonuses.

Solar venture capital trusts (VCTs) have been handed a ‘lifeline' as the government lost its appeal against a High Court ruling on solar subsidies.

The Federal Reserve has announced interest rates will remain at their historic lows until late 2014, which could pave the way for a further bout of quantitative easing.

Renaissance Asset Managers (RAM) has acquired two Eastern European funds from specialist EM fund house Griffin Capital Management.

After a rare earnings miss in Q3, normal service was resumed for Apple yesterday as the US tech giant's Q4 2011 profits easily beat analyst expectations.

The euro needs to see a sharp fall of at least 30%, bringing it into line with the US dollar, or else the eurozone is "doomed", Nouriel Roubini has warned.

The Financial Services Authority (FSA) has fined David Einhorn and his hedge fund Greenlight Capital £7.2m for trading on inside information in UK stock Punch Taverns in June 2009.

Billionaire investor George Soros has warned Europe could see a bout of deflation if harsh austerity measures wanted by Germany are implemented.

The Investment Management Association (IMA) has launched its fourth managed sector, Mixed Investment 0-35% Shares, after 13 funds submitted applications to join the group.