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The Bank of England’s Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK’s ailing economy.
Phone hacking at News International has cost Rupert Murdoch's News Corporation nearly $200m (£126m) to date, the company said last night, as it warned it could not predict the final bill.
The Tax Incentivised Savings Association (TISA) has completed the initial stages of its platform re-registration project, and a contract club will now have responsibility for delivering electronic transfers.
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Parents should be able to borrow money from the government to cover childcare costs, in a similar way to student loans, a thinktank has suggested.
A private equity firm has taken joint control of FNZ, the platform provider powering the Standard Life and Elevate wraps.
More than one million taxpayers face a penalty of £100 for failing to submit their self-assessment tax returns on time.
Insurers have warned of a fresh hike in premiums for millions of customers after the regulator hit the financial services industry with an inflation-busting 15.6% rise in annual fees.
A eurozone meltdown would plunge Britain back into a two-year recession and send unemployment soaring above 10%, the Institute for Fiscal Studies (IFS) has warned.
Guidance issued today by HMRC appears to extend the scope under which advice services will be exempt from VAT post-retail distribution review (RDR).
Three advisers explain what they are (or are not) doing to educate clients about certain changes due at the end of the year.
Plans to ban traded life policy (TLP) investments may have consigned the products to the investment bin – but advocates say they offer benefits like no other asset class.
Standard Life is cutting some bonus rates on its UK with-profits plans from 1 February, in a move which will impact about half of the insurer's total policyholders.
The regulatory body for the European Union has proposed stricter disclosure requirements on providers of exchange traded funds (ETFs), but has backed away from imposing more radical reforms on the sector.
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