United Kingdom
United Kingdom | 3 Nov 16
Brexit may not mean Brexit: court rules MPs must have a say
In a blow to the government’s ‘Brexit means Brexit’ rhetoric, the UK high court has ruled that Parliament must vote on whether or not to trigger Article 50 of the Lisbon Treaty.
Tax & Regulation | 2 Nov 16
Ex-BlackRock man Lyttleton pleads guilty to insider trading
Mark Lyttleton, a former fund manager at BlackRock, pleaded guilty on Wednesday to two counts of insider trading and will be sentenced on 21 December, the Financial Conduct Authority has confirmed.
Macro Views | 2 Nov 16
UK inflation to peak at 4% next year, says think-tank
Brexit-fuelled sterling weakness will push consumer price inflation toward 4% in the middle of next year, the National Institute of Economic and Social Research said on Wednesday.
Offshore Bonds | 1 Nov 16
HMRC could rule out changes to 5% withdrawal on life bonds
The UK is expected to adopt an all or nothing approach on upcoming changes to the 5% tax free withdrawal from offshore bonds, Canada Life International’s technical manager Neil Jones has revealed.
Technology | 1 Nov 16
Robo-advisers will not ‘kill off’ traditional IFAs
Robo-advice will not kill off financial advisers but will instead help them cater to less profitable clients, according to chief executive of digital investment manager Moo.la, Gemma Godfrey.