The increase from 2.1% puts further pressure on the Bank of England

Carbon capture, hydrogen, nuclear, electric vehicles (EVs) and renewables all set to benefit from £12bn government stimulus plan, but critics warn funding falls well short of the level required to trigger a green recovery.

The inconclusive outcome of today's US presidential election is the "worst outcome for markets", according to investment professionals, who warn the "dragged out affair" will delay a "swift stimulus package" which would ultimately buoy share prices.

Leading figures of the investment management industry have today launched the 10,000 Black Interns programme which aims to improve and transform the career prospects of young black people in the UK.

Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.

Baillie Gifford has closed three of its UK government bond funds, according to its inaugural Assessment of Value (AoV) report, which found two of the products - the Baillie Gifford Active Gilt and Active Long Gilt funds - failed to consistently meet their...

PGIM Investments has launched a global corporate ESG fund, which will be “the first of a newly-created suite” of PGIM Fixed Income’s ESG UCITS strategies available to investors outside of the US.

Fidelity International has launched three actively-managed ESG ETFs, further expanding the five-strong Sustainable Family range of funds it released in last September.