Pimco boss: UK risks ‘hard landing’ as consumers feel the pinch from higher rates December 19, 2023 UK faces a "higher probability of more significant economic deterioration" than US
FTSE bosses earn 57 times more than their employees as debate rages over London’s competitiveness December 18, 2023 Bosses of FTSE 350 firms are typically paid 57 times more than their employees, according to new data, as City grandees argue over the best way to attract talent to London.
Santa Rally expected to bring festive joy to London’s FTSE 100 after tough year December 18, 2023 Some four in five of those polled by Interactive Investor are expecting to up their exposure to equities next year, too.
St James’s Place shares slump after it reveals plans to buy up advisers’ books December 15, 2023 Shares in St James’s Place (SJP) have slumped today after the firm revealed plans to raise cash to snap up the business of retiring partner advisers.
Woodford compensation in sight after investors back controversial £230m scheme December 15, 2023 Burnt investors in Neil Woodford’s collapsed investment fund are on the cusp of compensation after they overwhelmingly backed a £230m redress scheme last night.
Could 2024 be the year the doom and gloom ends on the London Stock Exchange? December 14, 2023 After a bruising year for the City and the London Stock Exchange, could 2024 offer a glimmer of hope?
AJ Bell slashes fees and hikes interest rate after warning from regulator December 12, 2023 AJ Bell is set to slash fees on its platform and ramp up the interest rate it is offering customers after the regulator fired a warning shot to investment firms today over so-called ‘double dipping’.
Blackrock: Firms set to shun the stock market as volatility weighs on IPOs December 12, 2023 Companies are set to shun IPOs and stay private for longer due to volatility still weighing on global equity markets, according to a new Blackrock report.
Hargreaves Lansdown and AJ Bell shares slump as regulator fires interest rate warning shot December 12, 2023 Hargreaves Lansdown and AJ Bell have slumped in value this morning after the Financial Conduct Authority fired a warning shot at retail investment firms over the interest income they are making on customers’ cash.
The stock market may be back in vogue for Britain’s DIY investors December 12, 2023 Brits’ appetite for the stock market has come roaring back in the past month as retail investors pour cash into global equity funds, new data has revealed.