NEWS
General UK News
General
Darius McDermott wins IFA Personality of the Year (22/01/10)Darius McDermott, the managing director of Chelsea Financial Services, was last night awarded the IFA Personality of the Year title at at a dinner hosted by the Professional Adviser magazine. The award is voted for by industy professionals and Darius beat off competition from a number of well respec...
Jupiter Launches Two New Funds (27/11/09)These new funds, Jupiter Absolute Return and International Financials will be managed by Philip Gibbs, manager of Jupiter Financial Opportunities.
Jupiter Absolute Return will seek to generate an absolute return independent of market conditions by investing on a global basis in equities, bonds, cur...
ISA limit increases for over 50's (06/10/09)The ISA allowance for the current tax year is to be increased to £10,200 from 6th October 2009 for investors aged 50 and over before 6th April 2010. This gives you the opportunity to increase the amount you invest tax efficiently....
Darius McDermott voted 9th most influential in industry poll (25/09/09)Chelsea Financial Services managing director Darius McDermott has been voted 9th in the annual Professional Adviser's 50 Most Influential supplement, which ranks those who have had the most impact upon financial advice in the past year. Darius has now appeared in this list every year since its incep...
UK Business News
US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
Royal Mail pension plan opposed
The Pensions Regulator is opposing a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
Disney sells Miramax film studios
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
Deadline for tax credits renewal
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.
