The number of consumer complaints over the misselling of the suitability of financial advice being upheld by the Financial Ombudsman Service have skyrocketed over recent years. The number of complaints …
Retirement Planning
London Stock Exchange could be stripped of smaller firms by 2028, warns Peel Hunt
The London Stock Exchange could be stripped of smaller companies by 2028 if the pace of a current “feeding frenzy” continues, according to a top investment bank. In a note …
Pantheon Infrastructure delivers ‘impressive’ results despite share price reaching new low
Investment trust Pantheon Infrastructure delivered an “impressive” 10.4 per cent growth in net asset value, above the trust’s eight to 10 per cent yearly target The £491m trust’s annual results, …
Dr Martens urged to undergo strategic review or sell business
An activist investor in boot brand Dr Martens, has urged the company to undergo a strategic review and possibly even sell the company. New York based Marathon Partners Equity Management, …
Government debt sells off after Easter as higher-for-longer interest rate fears resurface
Bond yields have climbed rapidly this week as investors grow increasingly nervous about the prospect that interest rates might stay higher-for-longer in the US. Yields on the 10-year UK Gilt …
Tom Hayes’ lawyer accuses Court of Appeal judge of conflict of interest
The lawyer of former Libor trader Tom Hayes has written to the Court of Appeal over allegations that one of the judges for his Appeal case had a potential conflict …
Tottenham Hotspur for sale: Club confirm talks with would-be investors
Tottenham Hotspur say they are “in discussions with prospective investors” over a sale of some of the club in a move that could value it at more than £2bn. Spurs …
Euro inflation falls faster than expected as markets look for clues on interest rate cuts
Inflation across the eurozone fell slightly faster than expected in March but the European Central Bank (ECB) is still likely to wait until June before cutting interest rates. According to …
Virgin Atlantic forecasts first post-pandemic profit in 2024
Virgin Atlantic anticipates a return to profit for the first time since the pandemic this year amid booming demand for leisure travel. The carrier, which is backed by Richard Branson’s …
Tom Hayes and Carlo Palombo: Leading politicians say ex-bankers’ rate-rigging appeal should go to Supreme Court
Three senior politicians have called for two ex-bankers jailed for rigging interest rates to have their appeal heard by the Supreme Court. The Court of Appeal last week upheld the …