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Budget plan

Javid considering tax raid on higher earners

Sajid Javid
Sajid Javid: announces Budget next month Chancellor Sajid Javid is said to be considering a tax raid on higher earners in his 11 March budget. Mr Javid is looking atRead More

Investor update

M&G property fund remains suspended as asset sale goes on

Glasgow
The asset manager is completing disposals M&G’s £2.5bn property portfolio will remain suspended as it continues selling properties to boost its cash position. The company suspended the fund last month blaming “Brexit-relatedRead More

Money access

Shopkeepers in plea for fee cut to save cash dispensers

Link cash machine
Cash machines are disappearing (pic: Link) Britain’s shopkeepers are calling for a halt to the closure of thousands of cash dispensers. They want LINK, which manages the UK’s cash machineRead More

Mandate awarded

ASI confirmed as manager of Woodford Income Focus Fund

Neil Woodford
Neil Woodford was forced to stand down Aberdeen Standard Investments has confirmed that it will take over as investment manager of one of Neil Woodford’s funds. As predicted last weekRead More

Mandate switch

Aberdeen Standard Investments ‘to win’ Woodford fund

Neil Woodford
Neil Woodford: sacked Aberdeen Standard Investments is expected to take on the suspended £244 million Woodford Income Focus mandate. The Edinburgh-based asset manager is close to sealing a deal to runRead More

Invesco replaced

Edinburgh Investment Trust fires manager over poor results

Money - own pic
Not in the money: the trust’s performance is down Invesco’s Mark Barnett has been removed as manager of the Edinburgh Investment Trust following a period of underperformance. The trust has replaced him with Majedie AssetRead More

Crackdown on withdrawals

Bank may tighten rules to protect property funds

Bank of England
Options: Bank of England may take action (pic: Terry Murden) Investors may face tight restrictions on withdrawals from property funds amid fears that worries over their performance will lead toRead More

Unusually high outflows

M&G suspends property fund amid Brexit and retail tensions

Haymarket 4
Edinburgh’s Haymarket, to the right in this artist’s impression of an earlier scheme, is part of M&G Real Estate M&G has suspended trading in its M&G Property Portfolio fund amidRead More

Promise to self-employed

Javid latest to pledge review of IR35 contractor tax rule

Sajid Javid
Sajid Javid: ‘on the side of the self-employed’ Chancellor of the Exchequer Sajid Javid has pledged a review of IR35 as part of the Conservative party’s manifesto bid to supportRead More

Pledge to campaigners

Labour to compensate women in pensions battle

Jeremy-Corbyn-and-Waspi
Jeremy Corbyn met women campaigners from Falkirk (pic: Terry Murden) Labour is promising to compensate 3.7 million women who claim they were denied their pension rights and left thousands ofRead More