News by: Gavin Lumsden
AT&T's $85 billion tilt for Time Warner puts ITV in the frame as a bid target. Defence contractor Cobham plunges on second profits alert.
Former fund management chief launches crowd-funding effort to raise £100,000 for fund he says will benefit investors and society.
Discounts have widened on a several popular UK Equity Income trusts but there is one at Invesco Perpetual that is particularly eye-catching.
Sterling slipped against a strong dollar after the UK's budget shortfall shot up last month. BAT's bid for Reynolds buoyed the FTSE 100.
(Update) British American Tobacco, a widely held income stock, has made a $47 billion (£38 billion) bid to buy US rival Reynolds.
Record $17.5 (£14.3) billion bond sale by Saudi Arabia says a lot about the petro-state and investors’ desperate search for income.
Analysts at Canaccord Genuity identify 16 investment trusts with lower charges and better performance than equivalent open-ended funds.
Profit warnings punish FTSE 250 stocks as economic clouds increase investor caution before European Central Bank statement.
Builders supplier Travis Perkins leads string of companies warning about impact of Brexit and other economic uncertainty.
Consumer groups express disappointment and pension providers relief after Treasury drops plans to let pensioners cash in annuities.
SVG Capital shareholders set for £1.1 billion pay-out after US private equity firm Harbourvest fends off rivals with an improved offer.
Higher-than-expected inflation reading blunts rally in the pound but FTSE 100 extend gains. Luxury brands group Burberry tumble.
(Update) Reports of cabinet split over Brexit piles pressure on UK financial markets as education publisher Pearson falls on poor sales.
This week we look at the trades a pair of professional investment trust investors undertook in the chaotic post-Brexit vote market.
FTSE 100 ends volatile week on firm footing after positive data from China and better than expected results from US bank JPMorgan.
Nick Train's Finsbury Growth & Income trust has marked its approaching £1 billion market valuation with a small cut in fees. We look at the club it's joining.
Row between retailing giants reveals Brexit impact on consumers and highlights importance of investing in companies with pricing power.
Weak mining shares push FTSE 100 lower after poor Chinese export data add to investor unease after the strong post-Brexit rally.
Former Investment Association boss reveals name of new investment trust he hopes will challenge the fund management industry.
Prime minister's Brexit pledge to MPs lifts the struggling pound but the FTSE 100 falters following poor US corporate results.