Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Sunday Papers: Let small banks lend more, says Bank of England

Sunday Papers: Let small banks lend more, says Bank of England

Top stories

  • The Sunday Telegraph: Bank of England calls for relaxation of capital rules, which may improve competition and boost economy.
  • Mail on Sunday: Sports tycoon Mike Ashley will this week announce a leap in profits at Sports Direct as he prepares to embark on a ‘blitz’ of acquisitions.
  • The Sunday Telegraph: AstraZeneca to unveil Cambridge plans; the Anglo-Swedish drug maker is to launch a public consultation on the architectural plans for new £330 million facility on Friday.
  • The Sunday Telegraph: Ian Powell says UK’s low corporate tax rate is an added advantage for British business, and should not be dismissed.
  • Mail on Sunday: The number of properties for sale in Britain remains in a slump, at half the number on sale in 2008. What is more the number of properties for sale has been declining for months.

Business and economics

  • Mail on Sunday: Millionaire investors in a £5 billion alleged tax avoidance scheme run by financier Patrick McKenna’s investment firm Ingenious are preparing to settle with the taxman rather than face a court battle with the authorities.
  • The Sunday Telegraph: First Group board rejects carve-up calls; activist shareholders had proposed the group sell off its US arm.
  • Mail on Sunday: American drugs group AbbVie and its British takeover target Shire are widely expected to renew discussions this week after initial talks between the bosses of the two groups on Thursday and Friday were inconclusive.
  • The Sunday Telegraph: Drug groups have begun discussions with private equity players about the potential sale of their off-patent medicines, but hurdles remain.

Share tips, comment and bids

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter