UK Business News

The Financial Services Authority [FSA] is planning to introduce bigger fines and jail time  for insider traders.
Figures indicate insider dealing is rampant in the UK with between a quarter and a third of takeovers being subject to so-called “informed price movements”.
Notwithstanding media speculation - fuelling investor speculation and of course semi-psychic analysts - it is clear that [...]

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Having apparently at last shrugged off JC Flowers’ unwanted attentions [or intentions, as
the case may be] Friends Provident continues with its own Strategic Review.
It has announced closure of eleven regional offices, against a backdrop of a 2% fall in UK
life and pensions new business. Funds under management also fell by 1.74%.
Four consolidated offices will rise, phoenix-like; [...]

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