ANNUITIES

Yesterday's Budget effectively removed the requirement to ever purchase an annuity, causing shares in listed providers to drop over 50%, but is there value in the sector after such a monumental sell-off?

The amount of money that can be put in to Junior ISA has been raised to £4,000 in today's Budget.

Chancellor George Osborne has said an independent Scotland would be £1,000 worse off per person if it was to split apart from the UK.

Fidelity Worldwide Investment has cut the annual charge on Anthony Bolton's China Special Situations investment trust ahead of the handover to incoming manager Dale Nicholls.

The governor of the Bank of England, Mark Carney, has warned the 2% target for inflation became a "dangerous distraction" for the UK's policymakers.

Tomorrow Chancellor George Osborne will deliver his fifth annual Budget to Parliament. The UK economy is recovering but still faces challenges, so what can we expect this time around?

Fidelity's top performing fund manager Alex Wright has said the group will not let its flagship Special Situations fund grow to the size seen under previous manager Anthony Bolton.

The Royal Bank of Scotland is in talks with the government to buy back £1.5bn of shares held by UKFI in a move which could hasten its return to the dividend register.

Oakley Capital has hired F&C's co-head of UK wholesale and a number of ex-Invesco sales staff as its funds team swells to more than a dozen ahead of star manager Neil Woodford's arrival, Investment Week understands.