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Close silent on speculation

Close Investments refuses to comment on industry speculation that managing director of sales and marketing Stuart Alexander has left the firm.

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Consumer confidence high in May says Nationwide

Consumer confidence in May increased from nine points to 99, the highest point since November 2005, according to the Nationwide Consumer Confidence Index.Nationwide says that consumers were upbeat about the economy in May and felt comfortable that things would continue to be good over the coming months. But the Spending Index fell five points, the […]

Trenchard takes over Niznik role

Standard Life has recruited First State fund manager to Casper Trenchard to replace Mark Niznik on its UK opportunities fund. Trenchard is in negotiations to bring the 19m First State British opportunities fund he runs with him, which would see First State leave the UK equity sector.

T Bailey piles into Mott’s new fund

T Bailey has become the latest investment firm to throw its backing behind Bill Mott’s new PSigma equity income fund.The multi-manager firm has made the fund its fourth-biggest holding within its £12m equity income vehicle with a 10.4 per cent weighting.T Bailey fund manager Jason Britton says the selection was down to Mott’s track record […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

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