The survival of commission and lax regulation are fuelling a "significant shift" to non-advice in the mass market for annuities, at the expense of professional advice, transparency and healthy consumer outcomes, according to the Financial Services Consumer ...
Chancellor George Osborne's mission to increase British exports outside the European Union was boosted by the latest figures showing the trade gap between Britain and non-EU countries had declined by 27.1%.
Travel company Tui, which owns Thomson and First Choice, has seen profits slip due to weak French sales and a restructuring in its specialist and activity division.
General Motors Co. (GM) plans to name Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry, a person familiar with the effort said.
Wall Street faces intrusive new government oversight of trading after U.S. regulators issued what they billed as a stricter Volcker rule today, imposing restrictions designed to prevent blowups while leaving many of the details to be worked out later.