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Outgoing MAS chief: I’ve turned us around

Outgoing Money Advice Service chief executive Caroline Rookes has credited her tenure with turning the embattled agency around, despite having to fend off constant criticism from Government and advisers. Rookes announced yesterday she will retire from her post in April 2017. She had initially intended to retire in February this year, but wanted to stay to […]

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Pound rallies as Gina Miller wins Brexit legal challenge

SCM Investments founder Gina Miller has won a Brexit legal challenge that paves the way for MPs to vote on triggering Article 50. The court judgement says the Government’s argument is contrary to the “fundamental constitutional principles of the sovereignty of Parliament”. The Government has already confirmed it will appeal. If it loses, the triggering of Article 50, […]

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US markets upbeat as Clinton gains in final polls

US markets ended their nine-day losing streak on Monday as poll momentum returned in favour of Hillary Clinton ahead of the final day of voting in this year’s presidential election. It had been the longest losing streak for US markets in 35 years. The S&P 500, Dow Jones Industrial Average and Nasdaq were all up above […]

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Hammond delivers first and last Autumn Statement

Chancellor Philip Hammond has delivered his last Autumn Statement as he shakes up the timetable for the Government’s economic and financial statements. Hammond says: “No other major economy makes hundreds of tax changes twice a year and neither should we.” He says the spring Budget in March will be the final one, and then the […]

In search of value? Banks and the sectors leading Europe’s recovery

By Rob Burnett, head of European equities, Neptune  After nine years of underperformance versus quality growth, Rob Burnett, manager of the Neptune European Opportunities Fund, believes that value strategies have reached an inflection point. Watch Rob discuss why he believes value is well positioned to resume its historical trend of outperformance. Click here to watch […]

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