Investment News

Philip Hammond under fire over sale of Lloyds shares

Source: Investments | The Guardian

Watchdog calculated £6bn loss to taxpayers, which contradicts chancellor’s claimA claim by Philip Hammond that the governmRead more

Trader's €1bn deals voided after 'demo' platform mix-up

Source: Investments | The Guardian

British brokerage sued after Harouna Traoré traded before realising it was live systemA share trader from France who rackeRead more

Equitable Life to shut down with surprise £1.8bn policyholder windfall

Source: Investments | The Guardian

Scandal-hit pension company to pay out £6,900 to each of 261,000 existing customers, but 800,000 former policyholders willRead more

Brexit warning from investment firm co-founded by Rees-Mogg

Source: Investments | The Guardian

Somerset Capital Management warns prospective clients about ‘considerable uncertainty’ during BrexitA City firm co-foundedRead more

Vintage Hermès Birkin bag sells for record £162,500 in London

Source: Investments | The Guardian

Sale at Christie’s makes handbag most expensive ever to sell at European auctionA secondhand diamond-encrusted Hermès bagRead more

US tech giants don’t just have your data – they are in your pension too

Source: Investments | The Guardian

British pension funds are so globalised, there’s little chance of them avoiding investing in Facebook and GoogleThe populaRead more

‘Ridiculously complex’: Top financier blasts UK’s biggest fund

Source: Investments | The Guardian

A Standard Life fund that holds nearly £20bn of Britons’ cash should not have been sold to the public, says Alan MillerIt’Read more

You don’t need bankers to invest your pension. There’s a DIY ethical route | Aditya Chakrabortty

Source: Investments | The Guardian

One pioneering service shows that savers can bypass the City, and invest in social and environmental causes insteadRight oRead more

Micro Focus shares plunge by 46% as CEO departs

Source: Investments | The Guardian

FTSE 100 tech company loses nearly half its value after rocky merger with HP’s software divisionShares in Micro Focus crasRead more

Artists in battle over modern artwork pension fund

Source: Investments | The Guardian

The Artist Pension Trust, which holds one of the biggest collections of contemporary art in the world, is facing a legal bRead more

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