Recently reviewing our UK Equity fund we realised that in the past decade all but two of the companies within it had faced either a major challenge to their business or issued a profit warning leading to a significant decline in the share price.
The collapse of the sale of 630 Lloyds TSB branches, 180 of them in Scotland, to the Co-operative Bank has underlined just how difficult it is to follow the campaign advice and move your money from the big banks – even if you want to.
Lloyds Banking Group is engaged in a new and unpublicised review of the mis-selling of 'guaranteed' and 'capital protected' bonds, the so-called structured products which were heavily sold by all the high street banks until recently.
Royal Bank of Scotland shareholders and employees who were encouraged by the bank to buy new shares five years ago only to see their value destroyed will lose their right to claim against the bank in 12 months’ time.
Market-leading broker Hargreaves Lansdown has accused the UK Government of hitting small savers with a "discount tax" after HM Revenue & Customs said cash rebates on investment funds would be taxable from next week.