The U.K.’s most famous fund manager has been forced to wind up his flagship fund after a months-long suspension. In a letter to investors Tuesday morning, the administrators of the Woodford Equity Income Fund, run by star manager Neil Woodford, said the …
See Original Article

(Reuters) – Indivior Plc on Tuesday raised its full-year forecasts as the embattled British drugmaker’s best-selling opioid addiction drug Suboxone fared better than expected in the face of competition from copycats. Shares in the company have more than …
See Original Article

Merkel and Macron are worried that the U.K. will slash taxes and regulations. But they should look first at their own competitiveness. By.
See Original Article

The fall from grace for Neil Woodford, once the UK’s best-known stock pickers, reached a climax on Tuesday after the fund was shuttered. Woodford’s fund, which once managed $10 billion worth of assets, slammed shut in June, leaving investors unable to …
See Original Article

Total UK grocery sales rose 1.3% in the 12 weeks to October 6, according to Kantar Worldpanel. // Sainsbury’s was the only one of the Big 4 grocers to achieve growth, with sales rising 0.6%. // 1/4 of Brits considering Brexit stockpiling but are waiting to see …
See Original Article