The financial effect of flooding can be devastating, but often it is the subsequent upheaval that causes the biggest worry. The Association of British Insurers (ABI) says that the average cost of flood damage to homes is...
The Royal Mint has more than quadrupled its production of gold coins in recent months, as the record price of the metal has caused demand to soar. Its output of gold coins during July, August and September rose to 32,736...
The bitter dispute between Nicola Horlick and Vincent Tchenguiz over Bramdean Alternatives has been effectively ended after Aberdeen Asset Management took over management of the fund. Mr Tchenguiz is the largest Bramdean...
You wonder whichone's had more reincarnations - Before he became our Minister for Banking Blow-Ups, plain Paul Myners' varied career has included stints as a journo, NM Rothschild portfolio manager and chairman of Marks &...
To focus initially on 15 million Clubcard holders * Tesco bank has 6 million customer accounts (Adds detail, backgrond) LONDON, Nov 20 (Reuters) - Tesco (TSCO.L), Britain's biggest retailer, will initially focus on its most...
Long-term investors will grow buyout firm investments * Opportunistic investors will pull back * Sovereign wealth funds ready to invest in asset class * Best big firms will get bigger By Simon Meads PARIS, Nov 20 (Reuters) -...
by Chaim Estulin and Phoebe Leung This article is provided to FT.com readers by Debtwire—the most informed news service available for financial professionals in fixed income markets across the world. www.debtwire.com...
Savers chasing the best deal for their cash can now earn almost as much interest on instant access as from locking into a one-year fixed rate. The premium for tying up cash in a one-year bond has shrunk to its lowest since the...
The Bank of England's Monetary Policy Committee split three ways when it last voted on policy on November 5. David Miles, the recent recruit from the City of London, wanted to print an additional £40bn. The UK central bank's...
Investors who fear that the seven-month rally in investment-grade corporate bonds may be over are now moving their money into riskier high-yield bond funds, according to advisers. With the Bank of England base rate unchanged at...