News

The Dubai Government is to provide $9.5bn (£6.4bn) in funding to help its Dubai World investment vehicle to restructure its debt.

Alistair Darling used Labour's last Budget before the election to carry out a £19bn tax raid on the middle classes to help pay Britain's record debt, reports The Telegraph.

The Deutsche Bank executive arrested on Tuesday over alleged insider dealing advised the Government on financial stability at the height of the financial crisis.

As the deadline approaches for subscriptions into Anthony Bolton's much-anticipated Fidelity China Special Situations investment trust, IFAonline and Investment Week bring you more than 20 of the legendary stock picker's favourite investment quotes.

Chancellor Darling said in today's Budget the Government will work with trade bodies to improve access to bond markets for large and mid sized companies.

The Treasury is considering relaxing the rules which govern VCT investment.

Real estate investment trusts (Reits) will be allowed to include stock dividends as part of their 90% income distribution requirements, Chancellor Alistair Darling has confirmed.

The Government has announced a consultation into the tax regime for investment trusts which will include rules on direct property investment.

Today's Budget announcement had a muted effect on UK-listed shares and the pound with many of Chancellor Darling's proposals already expected by the market.

The IMA has applauded the Government's move the amend tax rules it says is forcing groups to domicile funds away from the UK.