David Cameron has been elected as the new leader of the Conservative Party beating rival David Davis by 134,446 votes to 64,398 in a postal ballot of Tory members across the UK. Cameron has vowed to “inspire a new generation of voters”.
The TUC has welcomed former Pensions Minister John Denham’s 10 minute rule bill to force all job adverts to reveal details of the combined salary and pensions benefits.TUC general secretary Brendan Barber says if the bill becomes law the new job adverts would help good employers recruit and retain the best staff and encourage those […]
Former Daily Mirror journalist James Hipwell has been found guilty of using the paper’s City Slickers column to manipulate the stock market. Hipwell, along with fellow columnist Anil Bhoyrul, will be sentenced in mid-January following the preparation of a report.Hipwell made 41,000 from trading in shares he tipped while Bhoyrul made 14,000. Today’s conviction follows […]
The UK is ending what has been its slowest economic recovery on record with a marked acceleration in growth. Neptune’s forecast for UK GDP growth in 2014 is 2.5 per cent, up from 2013 growth of 1.8 per cent as estimated by the Office for National Statistics. When considering the changing UK macro outlook, three important questions remain:
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]