Duncan Kreeger launches prop tech business TAB APP

FXCM Inc has announced that the Business Improvement Order issued by the Kanto Financial Bureau in July 2012 has been lifted for its Japan entity, FXCM Japan Securities Co. Ltd.

With the likes of Goldman Sachs and National Savings & Investments (NS&I) cutting the interest rates on savings accounts, consumers are beginning to lose trust in the value of high street banking in the UK.

Before you put your hard-earned money at risk, you need to ask yourself several questions. You want to fully comprehend the risk before entering any investment. What you are risking is the first thing that needs to be considered. Only when you know what you are risking should you proceed to consider the opportunity.

If one positive emerges from the miserable pandemic year, we have all endured, it is that the number of people in the UK who want to start their own business – to take control of their own destiny – is on a strong upswing. And it is not just a case of people who have lost their jobs casting around for alternatives. Recent research shows that one in five adults are planning a start-up, a figure which rises to 34 per cent among 18 to 34-year-olds. Only 6 per cent said it was because they had become unemployed. So, it would appear, the entrepreneurial flame has not been dimmed by the ravages of Covid, but while the ambition to branch out on your own is admirable, it is only prudent to be aware of the pitfalls as well as the pinnacles of being your own boss.

Investec Specialist Bank has announced the appointment of Tim Howson to its Corporate Lending business.

Tullow Oil plc has announced that its subsidiary Tullow Oil SK Limited has entered into an agreement to sell 53.1% of its Schooner unit interest (currently 93.1%) and 60% of its Ketch asset (currently owned 100%) in the UK Southern North Sea to Faroe Petroleum (UK) Limited.

Chinese PC manufacturer Lenovo has announced a 23% increase in net profits, with the firm saying it will continue to look for acquisition opportunities.

Institutional investors have been increasing allocations to illiquid assets and Downing’s research suggests the trend is set to continue. In this market outlook, Kostas Manolis, Partner and Head of Private Market Investments, explains why the current economic conditions make illiquid assets attractive.

Aviva, the UK's largest insurer, detected over £110 million worth of insurance fraud in 2013 – a 19% increase compared with 2012.

For most people, figuring out their net worth doesn’t seem particularly essential. As long as you know you can afford your bills, you might not be too worried about how much you’re deemed to be worth from a financial planning perspective. However, the reality is that knowing your net worth could be more important than you realize.