Downing manager Josh McCathie exited his position in Telecom Plus which is no longer the capital-light play on utilities that it once was. He had held the multi-utility company, which trades as ...

Financial Times: Chevron and Italy’s Eni have led a return to Venezuela’s’ hydrocarbon industry, signing deals in a boost for the US President Donald Trump as he seeks to progress ahead of midterm ...

The Guardian: MapQuest, a pioneering online mapping app that defied Donald Trump by refusing to rename Lake Ontario, has become the most in-demand navigation tool in the US; it leapfrogged rivals ...

The Times: The cost of paying for newly sold UK government debt has risen to its highest level in nearly three decades, underscoring the tough fiscal backdrop as prime minister Andy Burnham and ...

John Healey is considering a windfall tax on banks and oil companies in his first Budget as Treasury officials try to find ...

The Times: Market traders now rate the chances of a US interest rate rise next month at more than 50% after the head of the Federal Reserve warned of a ‘concerning’ inflation outlook and promised to ...

The Guardian: The City’s major hedge funds, insurers and pension funds are preparing for new FCA rules preventing nearly 40,000 firms from concealing bullying and harassment cases; from next month, ...

And Meta agrees to major changes to Facebook and Instagram as it settles US trial over teen addiction for up to $18bn.

The Guardian: Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor, Stanley Druckenmiller, ...

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The historically wide discounts across UK-listed alternative investment trusts look difficult to justify and present a compelling investment opportunity. Strategic reviews, mergers, managed wind-downs ...

St James’s Place (SJP) removed the Octopus Inheritance Tax Scheme (OITS) from its investment panel last year, Citywire has learned. The advice giant removed the fund, which is currently suspended for ...