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Advisers demand FCA to prevent Woodford-style collapses

Research into financial advisers’ attitudes to the collapse of Woodford Investment Management has revealed that advisers are paying more attention to the liquidity of investments, and less to fund manager… The post Advisers demand FCA to prevent Woodford-style collapses appeared first on London Business News | Londonlovesbusiness.com.

Hedge funds remain strong despite S&P 500 issues

The HFM Global Index gained 0.4% in Q3, despite the S&P 500 posting its worst month since the start of the pandemic. The equity market falls in September and ongoing… The post Hedge funds remain strong despite S&P 500 issues appeared first on London Business News | Londonlovesbusiness.com.

Moneysupermarket adds cashback with Quidco deal

Moneysupermarket has today acquired Quidco, the  UK’s second largest cashback business which has  around one million transacting users. It offers cashback at around 4,500 merchants including retail, travel and switching… The post Moneysupermarket adds cashback with Quidco deal appeared first on London Business News | Londonlovesbusiness.com.

FTSE 100 struggles amid market movements

The FTSE 100 was marking time on Tuesday morning as investors awaited the latest round of big corporate updates from the US. AJ Bell financial analyst Danni Hewson said:  “Some… The post FTSE 100 struggles amid market movements appeared first on London Business News | Londonlovesbusiness.com.

Thames Water fined £100,000 for unsafe street work practices

Transport for London (TfL) has successfully prosecuted Thames Water for four safety streetworks related offences committed on the Transport for London Road Network. The works took place on the Purley Way, Eltham Road… The post Thames Water fined £100,000 for unsafe street work practices appeared first on London Business News | Londonlovesbusiness.com.

Hospitality workers accuse bosses of keeping all tips for themselves

More than half of hospitality workers in the UK say their bosses lie about tips, according to new research by leading price comparison site money.co.uk. The nationwide study reveals that one… The post Hospitality workers accuse bosses of keeping all tips for themselves appeared first on London Business News | Londonlovesbusiness.com.

City Corporation unveils 2040 net zero action plan for financial investments

The City of London Corporation has today announced a new 2040 net zero target for its combined £3bn investment portfolios, outlining a concrete action plan in response to the Intergovernmental… The post City Corporation unveils 2040 net zero action plan for financial investments appeared first on London Business News | Londonlovesbusiness.com.

FTSE hits new 2021 high

Anyone who gets excited by charts should note that the FTSE 100 has seen a breakout and is now trading at a higher level than any of its closing prices… The post FTSE hits new 2021 high appeared first on London Business News | Londonlovesbusiness.com.

Supply chain crisis to intensify as demand for early Christmas gifts rises

New data reveals consumers plan plans to get Christmas shopping done earlier than ever before, a potential cause of exacerbation of the UK’s already stretched supply chains. Findings shows that… The post Supply chain crisis to intensify as demand for early Christmas gifts rises appeared first on London Business News | Londonlovesbusiness.com.

Brent crude hits new three-year high of $85

Brent crude today hit a new three-year high this morning, jumping 1% to hit $85 per barrel. It comes amid the rising demand and surging gas prices drive up oil.… The post Brent crude hits new three-year high of $85 appeared first on London Business News | Londonlovesbusiness.com.

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