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Top Money Marketing News

UK inflation rises for first time in five months to 3.4% in December — REUTERS / Isabel Infantes

UK Economy · United Kingdom

UK inflation rises for first time in five months to 3.4% in December

50% Center coverage: 32 sources

Inflation in the UK has risen for the first time in six months to 3.4% in December, according to official figures, suggesting the Bank of England will hold off from making a change to interest rates next month.See the Story

Vanguard to cut British exposure across $70 billion UK product range — REUTERS / BRENDAN MCDERMID

Business & Markets · United Kingdom

Vanguard to cut British exposure across $70 billion UK product range

Coverage: 5 sources

Vanguard will scale back its exposure to UK stocks and bonds across a retail fund range managing about 52 billion pounds ($70 billion), despite government pressure on asset managers to steer more money into domestic markets.See the Story

Hargreaves Lansdown overhauls fees in face of rising competition

Cats · United Kingdom

Hargreaves Lansdown overhauls fees in face of rising competition

The UK’s largest DIY investment platform is reducing fees for roughly half of its 2m-plus customers as it continues to face escalating competition within the industry. Hargreaves Lansdown said it will cut its annual account and share dealing fees, but add a charge for fund trading in its first overhaul of pricing in more than a decade. The move will cost the company, which was bought by a number of private equity firms including CVC Capital Part…See the Story

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