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UK inflation stalls at 0.6%

Consumer price inflation failed to budge in August remaining at 0.6 per cent, the same as the previous month’s figure. Today’s figure comes despite producer input prices rising 7.6 per cent in the same month, up from 4.3 per cent in July. Upward pressure in today’s inflation figure came from air fares and petrol prices, while […]

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Raft of objections set to delay Priips rules

MEPs and industry bodies are pushing for changes to key information documents under Priips in a bid to deliver greater transparency for retail investors. A draft motion for resolution from the European Parliament’s Economic and Monetary Affairs committee, which will object to proposed regulatory technical standards for retail investors set by the EU Commission, is […]

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High Court winds up fraudulent gold mining scheme

Five companies that collectively banked more than £330,000 from a fraudulent gold mining investment scheme in South America have been wound up by the High Court. An Insolvency Service investigation discovered that the five companies – called Santo Montana, Lorem Ipsum Trade Services, Cedar Trade Services, McKinley & Grant, and Evolution Trade Services – were […]

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