Capita shares plummet 40% amid fears of second Carillion
Shares in Capita dropped sharply on Wednesday after the tormented outsourcing firm announced a rights issue and that it had suspended its dividend.
United Kingdom | 31 Jan 18
Ringleader of £1.4m scam to spend years in jail
The ringleader of an investment scheme that conned vulnerable people into buying £1.4m ($1.9m, €1.6m) of worthless shares has been sentenced to three and a half years in jail.
HMRC powers to scrutinise unexplained wealth go live
“Significant” regulation that requires individuals to explain to HM Revenue & Customs and the Serious Fraud Office (SFO) where their wealth came from has come into force.
Has the FCA’s adviser register avoided the chopping block?
Until very recently it had looked inevitable that the Financial Conduct Authority’s IFA register would fall by the wayside, despite support from advisers and industry to keep it. But recent political murmurs suggest it may live to fight another day.
Fund industry chief backs pan-EU pension product
Luxembourg fund bosses are still hopeful of concrete progress this year on a single cross border pension product in the EU.