United Kingdom
Best Practice | 3 Nov 17
Be careful who you do business with, advisers warned
Failure by advisers and other financial services firms to carry out thorough due diligence on introducers and appointed representatives could put customers at risk of financial harm, the Financial Conduct Authority has warned.
Investment | 2 Nov 17
Rate rise: One-and-done or the start of tightening?
Portfolio Adviser’s Sebastian Cheek looks at the options for the Bank of England’s monetary policy committee now it has raised interest rates for the first time in a decade.
Doughnut pioneer charged with $30m Jersey tax fraud
The man who brought the Krispy Kreme Donut franchise to Australia is facing potentially 10 years in jail if found guilty of concealing A$30m in Jersey to dodge tax.
Investment | 2 Nov 17
UK rates rise for first time in a decade
The Bank of England has increased interest rates for the first time in a decade, reversing the 0.25% emergency cut implemented in the aftermath of last year’s Brexit referendum.
Luxembourg’s ‘provocative’ Brexit solution for financial services
In a speech examining the impact of Brexit on European Financial Centres Luxembourg finance minister Pierre Gramegna says the UK has five Brexit options to choose from.