United Kingdom

Best Practice | 19 Dec 16

HM Revenue & Customs has withdrawn 4,300 accelerated payment notices (APNs), meaning that one in 14 of the 60,000 upfront tax payment requests has been sent in error, says accountancy firm Moore Stephens.

Companies | 19 Dec 16

Pacific Investments group has hired former HSBC multi-asset portfolio manager Will Bartleet and Deutsche Bank’s former global head of risk factors Louis Cucciniello to help build up its newly formed multi-asset business, Pacific Asset Management (PAM).

Technology | 16 Dec 16

Robo-advice firms “do not have a clue” how to communicate well with clients according to research published on Friday calling for the Financial Conduct Authority (FCA) to enforce vigorous rules in the industry.

Tax & Regulation | 16 Dec 16

Millions of pounds in tax relief given to celebrities such as England footballer Wayne Rooney and British comedian Jimmy Carr is being clawed back by HM Revenue and Customs (HMRC).

Companies | 15 Dec 16

The acquisition of Alliance Trust’s investment management business is projected to add £2.3bn ($2.9bn, €2.7bn) to Liontrust’s assets under management, pushing it past the £8bn mark.