From Tuesday, all individual savings accounts (Isa) will become new ISAs (Nisa) as government reforms come into force. The changes aim to provide greater flexibility and...
Institutional investor Legal & General has criticised companies for rewarding chief executives for hitting earnings per share targets when share buybacks are involved. Instead the firm...
Social investment bank Big Society Capital is investing £1m in a fund designed to support community projects if there is a funding gap. It is hoped...
Ahead of its initial public offering (IPO) high street bank TSB has been valued at £1.3 billion by parent company Lloyds Banking Group. The valuation has...
Lloyds Banking Group has announced that shares in TSB will be sold at between 220p and 290p, below its book value. The midpoint of the price...
US president Barack Obama’s new proposals to fight climate change and slash carbon emissions from coal-fired power plants could boost investment in the renewables and nuclear...
Royal Mail, which floated on the stock market in October, has seen its shares fall 6.5% to 537p after it warned that “intense” competition from rivals...
Anglo-Dutch oil giant Shell faced questions on remuneration, climate change and its ethical standards from shareholders and protesters at its annual general meeting (AGM) on Tuesday...
Shareholders are taking an active role when it comes to remuneration packages, voicing their concerns during this year’s annual general meeting (AGM) season. Hiscox, BG Group,...
As Pfizer is being probed by MPs about its proposed takeover of British drugs firm AstraZeneca, reports suggest that the US pharmaceutical giant plans to make...
Ethical supermarket Sainsbury’s has seen its pre-tax profits for the year to 15 March increase by 16.3%, reaching £898 million. The company said the food retail...
The Co-operative Group faces further criticisms for betraying its ethical values as details of its plans to sell farmland emerge. Reports also suggest that the group...
Taxpayer-backed Royal Bank of Scotland (RBS) has reported a £1.6 billion pre-tax profit for the first quarter of 2014. The figure is almost double the £747...
Europe’s top court has rejected the UK’s challenge to the introduction of an EU financial transaction tax (FTT). Supporters of the FTT argue it will make...
The Labour party is reviewing its “financial arrangements” and could move loans worth more than £1 million to social bank Unity Trust breaking ties with the...