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Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website of the year.

Overseas tourists splashing out in UK and more Britons opting to holiday at home fuels spending boom 

Mon, 08/22/2016 - 20:56
The fall in sterling since the Brexit vote in June, and fears of terrorism abroad, has also meant more British families have chosen to holiday at home.

Maggie Pagano: As star fund manager Neil Woodford bans them for his staff...is it time to scrap bonuses?

Mon, 08/22/2016 - 20:56
Calling on the industry to follow his lead, Woodford claimed bonuses distort behaviour, encourage short-termism, and indeed recklessness. And he is not alone in his thinking.

We'll be sending tourists into orbit by 2021, claims boss of Manchester-based firm

Mon, 08/22/2016 - 20:56
Rocketman Steve Bennett, who set up and runs Manchester-based Starchaser Industries, said the company is 'pretty close' to putting tourists in space.

MARKET REPORT: Oil and mining shares plunge as Iraq announces 5% export boost 

Mon, 08/22/2016 - 20:56
The revelation from Opec's second largest producer sent the price of crude spiralling by almost 3% and back below $50 a barrel. Fresnillo was the greatest faller on the FTSE for the day, losing 5.9%.

China closes in on megadeal takeover of Swiss seeds and pesticides giant Syngenta

Mon, 08/22/2016 - 20:56
The £33bn deal will be the largest foreign acquisition by a Chinese firm. The deal will trigger a huge pay day for advisers including HSBC, JP Morgan, Goldman Sachs and UBS.

Last 35 BHS stores to close this week after 88 years on the High Street

Mon, 08/22/2016 - 20:56
Previous owner retail billionaire Sir Philip Green has been branded the 'unacceptable face of capitalism' by furious MPs after he sold the firm to serial bankrupt Dominic Chappell for £1 in 2015.

How Britain weathered storm after Brexit vote: Two months on, the pound is down but shares have soared

Mon, 08/22/2016 - 20:56
Brexit shocked markets, sent the pound tumbling and led to apocalyptic warnings of economic doom. But two months on a sense of calm has returned to the City and the country.

CITY DIARY: Haulage magnate Steve Parkin hires Robbie Williams for his private party for a rumoured £1m

Mon, 08/22/2016 - 20:55
Fish trader's son Parkin, 55, likes to enjoy his £220m fortune. He owns over 70 racehorses, as well as private jet and helicopter. His career began down a south Leeds coal mine.

DAILY BRIEFING: Watchdogs too bogged down in paperwork to catch rogue traders, says rogue trader 

Mon, 08/22/2016 - 20:55
Nick Leeson, jailed in the 1990s after losing hundreds of millions of pounds in risky trades that resulted in the collapse of Barings, said red tape ‘is detracting from what they should be doing’.

Pfizer raid on cancer drug developer Medivation to spark takeovers in drugs sector

Mon, 08/22/2016 - 20:55
The deal follows months of speculation about possible suitors for San Francisco-based Medivation, which produces prostate cancer treatment Xtandi.

Nearly half of exporters expect their business growth to fall as a result of Brexit

Mon, 08/22/2016 - 20:40
The Institute of Export said 42 per cent of its members expected their business growth to decline in the long term as a result of leaving the single market.

June Sarpong to launch new fashion collection at trade show Best of Britannia

Mon, 08/22/2016 - 20:37
Television star June Sarpong is to launch a new Made in Britain fashion collection at the Best of Britannia London trade show next month.

Pensioners trapped in their homes by shared appreciation mortgages

Mon, 08/22/2016 - 19:53
Alexander Macrae, 82, (pictured) cannot afford to heat his large house, but is stuck living in it because the moment he sells Bank of Scotland will demand £147,250.

140 small firms sue RBS for £1bn

Mon, 08/22/2016 - 16:57
The 140 companies say they were pushed into administration by NatWest owner RBS’s global restructuring group so the bank could use their assets to pay down its debts.

FTSE CLOSE: Footsie finishes lower as oil prices slides

Mon, 08/22/2016 - 16:50
The FTSE 100 closed down 30.41 points at 6828.5 as a slump in oil and other commodity prices dampened trader sentiment in London.

BHS row won’t go away unless Sir Philip gets his chequebook out

Mon, 08/22/2016 - 16:31
Sir Philip must realise this is not going away and that if he ever wants to sail into an island idyll in peace again he needs to get his chequebook out sooner rather than later.

First Utility encouraged me to switch energy tariffs then charged me £60 in exit fees

Mon, 08/22/2016 - 14:59
I switched to one of its own tariffs, but First Utility still charged me £60 in exit fees to do so. I only switched because it had been emailing me to do so.

Pirc calls for Sports Direct shareholders to block re-election of Mike Ashley

Mon, 08/22/2016 - 14:38
Pensions Investment and Research Consultants, which advises clients with assets of more than £200bln, said it has ‘significant concerns’ about Mr Ashley's ‘influence on the board’.

SMALL CAP IDEAS: Great asset, decent management underpins Sirius Minerals 

Mon, 08/22/2016 - 12:40
In June 2010, Sirius Minerals' shares were changing hands for 1.9p each with the company struggling to fund the development of potash and salt deposits in North America and Australia.

Top fund manager Neil Woodford scraps all staff bonuses at his investment firm 

Mon, 08/22/2016 - 12:39
The move comes as Prime Minister Theresa May last month announced plans to crack down on 'corporate irresponsibility' by giving shareholders a binding vote to block excessive bonuses.