Peter Hargreaves, the multi-millionaire founder of Hargreaves Lansdown, has done a u-turn on his plan to flee the UK to escape the new 50% top tax rate announced in April's Budget.

The average number of properties available per UK estate agent has climbed for the first time since April, figures from the National Association of Estate Agents (NAEA) show.

The buy-to-let (BTL) market was today branded a "ticking time bomb" in a damning report highlighting the growing gap between the supply of and demand for BTL properties.

Hundreds of thousands of policy holders with pensions, insurance and savings products with Axa Sun Life have discovered their cash is stuck in a "zombie" fund, reports suggest.

A former trading desk manager at a retail stockbroking firm has been hit with a £20,000 fine by the FSA for failing to spot and prevent insider dealing.

UK sub-prime lender Cattles has said it may cut as many as 510 jobs at its Welcome Financial Services subsidiary.

Clive Briault, former managing director of the FSA, has joined consultancy firm Financial Services Compliance(EU).

Standard & Poor's (S&P) has signed an Index Creation Agreement (ICA) with the Saudi Stock Exchange (Tadawul) to launch new indices for the Saudi equity market.

Morningstar Associates Europe has added five fund portfolios to its Portfolio Selections service for advisers and their clients.

Aon has trialed an apprentice scheme to recruit staff and solve training shortages.