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Leading rugby union club launches seven-year retail bond paying 6.5%

Retail bond issuance has taken a sporting twist for the first time, with the launch of a secured bond offer from the professional rugby union club Wasps.

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Invesco Perpetual fined £18.6 million for fund failings

The UK's largest retail investment manager, Invesco Perpetual, has been fined £18.6 million by the Financial Conduct Authority (FCA) for exposing investors to greater levels of risk than they expected.

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Pfizer set for AstraZeneca follow-up bid

US drugs giant Pfizer has publicly admitted it made a £58.7 billion bid for UK rival AstraZeneca in January, which the UK firm rejected, but it is attempting again, sweet talking direct to Astra's shareholders in an overture th

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The week ahead (28/04-02/05)

Mobile phone retailer Carphone Warehouse and Chilean-based copper mining group Antofagasta will report this week.

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Aim stocks get boost with end of stamp duty on purchases

Aim stocks are to receive another boost with the removal of stamp duty, less than a year after the government gave the green light for them to be held in Isas in August 2013.

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'Significant profits to take' in small and mid-cap trusts

Investors in small and mid-cap investment trusts should consider taking profits following a strong period of performance and signs that the market is beginning to pull back, says broker Oriel Securities.

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Old Mutual's Buxton: UK interest rates have already risen

The cessation of quantitative easing (QE) last summer combined with a current de-rating amongst UK companies means interest rates have effectively risen, claims star fund manager Richard Buxton.

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Baker Tilly fires London & Associated Properties warning

Retail property specialist London & Associated Properties' auditor has highlighted concerns about the company's continued operation.

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AstraZeneca fights back with 'significant progress'

AstraZeneca chief executive Pascal Soriot gave an upbeat account of the company's 'rapidly progressing' innovation pipeline as he sought to shift focus back to his turnround efforts after days of speculation about a takeover by

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Higher income available from drawdown as GAD rates remain unchanged

In the first monthly GAD rate announcement since the radical pensions overhaul announced in the March Budget, GAD rates will remain unchanged at 3 per cent in May.

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Life expectancy information proposals could be 'dangerously generic'

Proposals to provide people approaching retirement age with information about their life expectancy, outlined last week by pensions minister Steve Webb, have been greeted nervously.

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Pharmaceutical deals drive UK stocks higher

GlaxoSmithKline announced a transformational three-part transaction with Swiss pharma Novartis on Tuesday which will see shareholders receive a £4 billion capital return funded by net cash transaction proceeds, expected to be d

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