Latest News

Sterling suffers amid credit rating and election concerns

Fears that the UK could lose its triple A credit rating, political uncertainty ahead of the election and reports of a Greek rescue package agreement dealt a further blow to stricken sterling on Friday.

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The Greek tragedy: how will it affect you?

Europe’s financial crisis intensified at the end of April with Greece, Spain and Portugal having their credit ratings downgraded.

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Banks need shake up to improve customer service

Banks and building societies are among the worst service providers, according to a new survey.

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VAT increase on the cards after the general election

A VAT hike is on the cards post-election, regardless of the outcome, according to experts.

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Property and outsourcing to benefit from government cost-cutting

The real estate sector could prove a winner after the election if properties are offloaded from the public to the private sector to help the government’s mammoth cost-cutting task. 

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Suspended manager Rambourg returns to Gartmore as an analyst

Suspended Gartmore manager Guillaume Rambourg has returned to work as an analyst, after being found in breach of an internal policy regarding directing trades to brokers. 

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S&P 'junks' Greek debt as eurozone crisis mounts

One of the world's most respected credit rating agencies dealt a hammer blow to financial markets yesterday, dropping Greek bonds to junk status and downgrading Portugal. 

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Henderson announces a raft of changes to its funds

Henderson Global Investors has proposed sweeping changes to its UK retail fund range following further integration with New Star funds.

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Dividend payments still hard to find

Shareholders are still mourning a drop off in dividend payments in the first quarter, although the rate of decline is now at its slowest rate since the start of the recession.

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Hung parliament tipped for next week's election

Move over Vince Cable, there’s a new face and voice of the Lib Dems. Nick Clegg is no longer ‘Nick who?’, the forgotten leader of the yellow party. 

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This week's top savings rates

The current top Isa rate from Santander is no longer available over the internet or telephone. You can only open the easy access cash Isa - Flexible Isa 2 - by going into a branch.

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The week that was (19/04 - 23/04/10)

It was by all accounts a trying week for London markets.

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