Yields on high-yield debt are set to surge up to 100 basis points higher this summer as valuations begin to offer a "compelling" case for investment, analysts say.
Valuations and fundamentals for high-yield corporate bond markets mean the asset class is likely to outperform lower yielding government bonds, analysts believe, with impending monetary policy normalisation...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.