35 h. ago Treasury Secretary Scott Bessent fails to divest his financial holdings and hit with watchdog warning

Bessent, a former hedge fund manager, reportedly has a net worth of around $600 million

Events

3 d. ago Norway's sovereign wealth fund sells its shares in 11 Israeli companies

Managers of Norway’s sovereign wealth fund say it has sold its shares in 11 Israeli companies, a move that they say reduces its holdings in the country against the backdrop of the “serious humanitarian crisis” in Gaza

Politics

3 d. ago Investors pile into ‘cheap’ emerging market stocks, BofA survey shows

Fund managers are overweight developing world equities by the largest margin in more than two years

Economics

7 d. ago Ibiza and Majorca alcohol ban rules for holidaymakers including fines of up to £2,600

The Balearic Islands government has extended a decree that bans the consumption of alcoholic beverages in public spaces in highly popular tourist areas in the region

Economics

7 d. ago This Elizabeth Grant collagen booster has shoppers raving they 'wake up looking younger'

If you've been on the search for a miracle product that promises to deliver noticeable when it comes to banishng fine lines and wrinkles, then this Elizabeth Grant collagen booster may be just the ticket

Politics

9 d. ago Pippa Middleton to follow in her sister Kate's footsteps with new childcare project as she's granted approval for major change at her £1.5million Bucklebury Farm Park

Pippa and her husband, hedge-fund manager James Matthews, 49, have overcome backlash from local council members to open a nursery at their Buckleberry Farm in Berkshire.

Economics

1 week ago Trump to sign order punishing banks that discriminate against conservatives: report

Trump could sign the order as early as this week, reports say, in a bid to root out alleged politically motivated ‘debanking’

Economics

1 week ago Tesla’s UK sales fall almost 60% in July as BYD surges; Neil Woodford fined and banned over fund collapse – business live

Rolling coverage of the latest economic and financial newsBritain’s service sector companies were hit by a drop in orders last month, as demand at home and abroad remained sluggish.Service sector growth slowed last month amid a decline in new work, according to the latest survey of purchasing managers from data firm S&P Global.“UK service providers recorded a third consecutive monthly rise in business activity, but they were unable to maintain the growth rate achieved in June.Moreover, new business intakes swung back into contraction during July, with the downturn in order books the fastest for just over two-and-a-half years. Risk aversion and low confidence among clients were the main reasons provided for sluggish sales pipelines, alongside an unfavourable global economic backdrop. Continue reading...

Economics

1 week ago Business news live: Diageo profits drop and BP faces shareholder pressure as Neil Woodford and firm fined £46m

Stock market news and latest business and finance updates from Tuesday

Economics

1 week ago Former fund manager Neil Woodford to be banned and fined almost £46m

The FCA said Mr Woodford and his fund ‘made unreasonable and inappropriate investment decisions’ between July 2018 and June 2019

Economics

1 week ago Tesla’s UK sales fall almost 60% in July; Neil Woodford fined and banned over fund collapse – business live

Rolling coverage of the latest economic and financial newsBritain’s service sector companies were hit by a drop in orders last month, as demand at home and abroad remained sluggish.Service sector growth slowed last month amid a decline in new work, according to the latest survey of purchasing managers from data firm S&P Global.“UK service providers recorded a third consecutive monthly rise in business activity, but they were unable to maintain the growth rate achieved in June.Moreover, new business intakes swung back into contraction during July, with the downturn in order books the fastest for just over two-and-a-half years. Risk aversion and low confidence among clients were the main reasons provided for sluggish sales pipelines, alongside an unfavourable global economic backdrop. Continue reading...

Economics

1 week ago Business news live: Diageo profits drop and BP faces shareholder pressure as Neil Woodford’s firm fined £40m

Stock market news and latest business and finance updates from Tuesday

Economics

1 week ago FCA fines Neil Woodford and his company £46mn for management failures

UK regulator accuses former star manager of ‘inappropriate investment decisions’ in run-up to collapse of equity fund in 2019

Economics

1 week ago Tesla’s UK sales fall almost 60% in July; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsNewsflash: The UK’s financial regulator has decided to fine former star fund manager Neil Woodford and his investment management company nearly £46m, over the collapse of his popular equity fund.The Financial Conduct Authority says it has decided to fine Woodford £5,888,800 and ban him from holding senior manager roles and managing funds for retail investors.‘Being a leader in financial services comes with responsibilities as well as profile. Mr Woodford simply doesn’t accept he had any role in managing the liquidity of the fund.The very minimum investors should expect is those managing their money make sensible decisions and take their senior role seriously. Neither Neil Woodford nor Woodford Investment Management did so, putting at risk the money people had entrusted them with.’ Continue reading...

Economics

1 week ago 'Idiot' tourist risks jail by walking on Yellowstone National Park forbidden zone

The man has been slammed online after he was seen walking in flip-flops over a delicate eco-system in Yellowstone National Park. 'Thermal trespassing' is punishable by fines, park bans, and even jail time

Events

3 w. ago When a hosepipe can still be used despite the ban: From religious ceremonies to looking after a fish pond, all the exemptions under the latest water restrictions

With England battling exceptionally dry weather, millions of homeowners are being hit with hosepipe bans and warned they face a £1,000 fine for non-compliance.

Politics

4 w. ago Secret drink fuelling Liam Gallagher’s voice on Oasis tour after rocker quits booze

Liam Gallagher's iconic singing voice is in fine form according to fans attending the band's gigs - and now it's been reported Liam's secret to maintaining his voice is a strange cocktail

Society