UK’s economy still faces financial austerity under a new government
The country’s economic challenges have intensified in the wake of Liz Truss’ administration, but not changed.
Comment & Analysis
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Three challenges new PM Sunak faces to steady UK ship
Conservative MPs have installed Rishi Sunak as the new UK prime minister. Now he must reassure investors, reunite his party and regain voters’ trust.
Controversial Hobby Lobby CEO says he’s giving away company ownership because ‘wealth can be a curse’
The billionaire has not provided more detail about how the trust structure will work, or whether the shift in ownership will coincide with any new personal philanthropic efforts.
Royal Bank of Canada plans push into UK commercial banking segment
RBC is claimed to be the largest bank in Canada in terms of market value.
Credit Suisse banking on restructure revamp
The Zurich-based bank is a force on the international stage, especially since it took over the US investment bank First Boston in 1990.
'A watershed moment': Advisers react to Sunak as PM
He previously went up against Truss for PM in September, but lost.
Evelyn Partners Active MPS team re-balance models as range marks 10th anniversary
Over 10 years, all six models in the Active MPS range have outperformed their benchmarks
HSBC Holdings plc 3Q 2022 Earnings Release
We are focused on executing our plans and delivering our returns target of at least 12% from 2023 onwards and, as a result, higher distributions to our shareholders.
UK: Markets unfazed by Truss resignation
It was only a matter of when, not if, Liz Truss would be forced to resign. In the end, she lasted only 44 days.
Can UBS maneuver in a headwind?
Financial analysts at UBS Global Wealth Management expect the higher interest margin to have a positive impact.
UK retail sales plunge 1.4% as cost-of-living crisis tightens its grip on household finances
Food store sales volumes fell by 1.8% in September 2022, which leaves them 3.2% below their pre-coronavirus levels in February 2020
Almost half of the ultra-rich haven’t figured out how to pass on their wealth, research finds
While the 4,500 investors from 14 regions, who each have over $1 million worth of assets