The biggest fund manager story of 2013 was the resignation of Neil Woodford from Invesco Perpetual. As you will be aware, Mr Woodford will continue to manage the Invesco Perpetual Income and High Income Funds until he leaves at the end of April, following which he will set up his own company.
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Friday 24 July 2009
Friday 17 July 2009
Embattled airline British Airways today said a £600 million emergency cash funding "puts to bed" concerns over its future.
Wednesday 08 July 2009
Tuesday 30 June 2009
Friday 26 June 2009
Saturday 06 June 2009
Thursday 23 April 2009
Despite some more positive economic indicators, credit conditions still show "no signs of easing" and companies are frightened of their lenders, according to the Bank of England (BoE) agents charged with assessing the business environment.
Thursday 12 March 2009
Outlook It's the way with regulators. With perfect timing in July 2007 as the bull market was reaching its zenith, the US Securities & Exchange Commission abandoned the "uptick" rule, a measure originally introduced as far back as the Great Depression to limit the supposedly damaging consequences of speculative short selling.
Wednesday 04 March 2009
The FTSE 100 edged up by 78 points to 3590 while the FTSE 250 advanced to 5982.7, up 131.9 points, at around 11.59 am.
Wednesday 04 March 2009
Outlook: Is Standard Chartered the only solvent bank left in Britain? At a recent conference, Stephen Green, the chairman of HSBC, was introduced by Tony Blair as about the only banker left who dared show his face in public during daylight hours. I'm not sure that after this week's results and accompanying rights issue, that even the measured Mr Green still counts as the acceptable face of banking.
Tuesday 03 March 2009
Season of the switch
The price comparison and switching site uSwitch.com has launched a service to help Britain's estimated 4.7 million small businesses obtain a better deal on energy. The move is in response to growing numbers of calls from SMEs keen to cut costs because of the recession. It is claimed the service – www.uswitchforbusiness.com – could help SMEs save up to 50 per cent on energy bills.
Friday 30 January 2009
The Bank of England yesterday doused hopes that it would move quickly to buy up large volumes of company debt as it set out plans to purchase corporate bonds, commercial paper and Government-sponsored bank debt.
Thursday 29 January 2009
The Financial Services Authority has invited banking analysts to a meeting on Monday to explain its capital ratio requirements and liquidity criteria for banks, as it seeks to avert confusion on comments it made last week when the government announced a second banking bailout.
Wednesday 28 January 2009
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
When elitism grips the top of British society to this extent, there is only one answer: abolish private schools
- 3 Daily Show's Jon Stewart destroys Fox News for its Ferguson coverage
- 5 Terror threat level raised to severe as PM warns Isis risk could last for decades