I have a SIPP I haven?t yet touched. I would like to take money from that pension pot ? both my tax-free cash and another lump sum.However, I have been told that if I take this other lump sum, I will have to pay emergency tax on this amount. Why is this, and can I avoid it?FranRachel Vahey, AJ Bell Head of Public Policy, says:Pension savers have a great deal of flexibility to decide how to take mo

With around 40% of S&P 500 constituents reporting earnings last week including heavyweights Microsoft (MSFT:NASDAQ) and Alphabet (GOOG:NASDAQ), the micro picture was widely expected to be the main investor focus.As things turned out, a surprisingly weak first quarter GDP (gross domestic product) print and higher-than-anticipated March inflation gave investors and the Federal Reserve further pause

Scottish American Investment Company (SAIN) 503pMarket cap: £898 millionBallie Gifford-managed Scottish American (SAIN), also referred to as ?SAINTS?, is trading at an 8% discount to net asset value which offers a great opportunity to buy high-quality assets on the cheap.The fund is steered by co-managers James Dow and Ross Mathison, after Toby Ross stepped away from co-managing the fund in Febru

DANAHER FAST FACTSTicker: DHR:NYSEShare price: $253Market cap: £141.5 billionUS biotechnology, life sciences and diagnostics company Danaher (DHR:NYSE) is one of the most successful companies to list on the New York Stock Exchange that few people outside the US have heard of.This feature peeks under the bonnet to see how the company has achieved its success and explores its prospects.Steven and M

Chemicals companies produce the compounds used in a huge variety of different industrial and consumer products across sectors which include agriculture, healthcare, technology, aerospace, sports, leisure and beauty.The breadth of the industry?s focus means its fortunes are closely tied to the economy and movements in GDP as well as volatility in raw material prices and energy costs.In 2023 the sec

In 1995, Oasis and Blur were duking it out at the top of the charts, Barings Bank went bust and Manchester United broke the British transfer record by signing Andrew Cole from Newcastle.Meanwhile, in Downing Street, a Conservative prime minister faced plotting from MPs seeking to unseat him amid weak polling ? plus ça change.To paraphrase Mark Twain, ?history doesn?t repeat itself but it ca

In the last few weeks, the drumbeat of companies complaining about the lowly valuation of their shares and floating the idea of moving to the US market has grown steadily louder.First there was miner Glencore (GLEN), then oil major Shell (SHEL) started making noises and most recently online retailer Ocado (OCDO) has come under shareholder pressure to move its listing.What is significant is these a

Lots of companies are willing to pay out money if you introduce a friend to their services. Whether it?s mobile phones, bank accounts, broadband, investment accounts or insurance, there is often a deal where if you introduce a friend you make a bit of money for your troubles ? and often the friend gets an incentive too.Let?s take a look at some of the top deals that can boost your finances ? and h

London stocks were mixed at the closing bell, a few hours before the evening?s long-awaited interest rate decision from the Federal Reserve, with Haleon hampering the FTSE 100 and a poor performance from Aston Martin dragging down the FTSE 250.The FTSE 100 index closed down 22.89 points, 0.3%, at 8,121.24. The FTSE 250 ended down 38.80 points, 0.2%, at 19,926.59, and the AIM All-Share closed up 4.

First quarter losses nearly double as volumes fallNet debt soars £230 million in three months to top £1 billionShares down 36% year-to-dateShares in Aston Martin Lagonda (AML) fell sharply in morning trading as the luxury car maker reported more quarterly losses, volumes and revenue declines, and soaring net debt that topped £1 billion. Desperately scrabbling to offer investors a positive spin,

Stock prices in London were slightly down heading into the afternoon on Wednesday, as investors awaited the latest interest rate decision from the US Federal Reserve this evening.The FTSE 100 index slipped just 1.15 points to 8,142.98. The FTSE 250 was down 35.58 points, 0.2%, at 19,929.81, and the AIM All-Share was up 3.07 points, 0.4%, at 763.81.The Cboe UK 100 was flat at 813.38, the Cboe UK 25

Full-price sales up 5.7%Full-year guidance unchangedFirm outperforming the marketHigh-street retailer Next (NXT) beat expectations with its first-quarter trading update but tempered its outlook for the second quarter so as to leave its full-year guidance unchanged.Traders took the opportunity to top-slice the shares, which have gained over 12% this year, sending them lower by 72p or 0.8%. O

Large-cap London stocks in London opened in the green on Wednesday, despite nervy trade in New York overnight ahead of the Federal Reserve?s interest rate decision later.A host of financial markets in mainland Europe and beyond, including Paris, Frankfurt and Shanghai, are closed for public holidays.The FTSE 100 index rose 24.30 points, 0.3%, at 8,168.43. The FTSE 250 was down 17.21 points, 0.1%,

London Stocks finished down on Tuesday, despite rallies from Whitbread and HSBC, as Wall Street was in the red ahead of the Fed?s major interest rate decision this week.The FTSE 100 index closed down 2.90 points at 8,144.13. The FTSE 250 ended down 119.40 points, 0.6%, at 19,965.39, and the AIM All-Share closed down 2.59 points, 0.3%, at 760.74.The Cboe UK 100 ended down 0.1% at 813.44, the Cboe U

London?s FTSE 100 pushed higher on Tuesday afternoon, as its winning streak looks set to continue, though blue-chip benchmarks in Frankfurt and Paris struggled as shares in carmakers went into reverse.The FTSE 100 index was up 47.90 points, 0.6%, at 8,194.93. The FTSE 250 slipped just 2.92 points, to 20,081.87, and the AIM All-Share was up 0.85 of a point, 0.1%, at 764.18.The Cboe UK 100 was up 0.

Equities in London made a bright start to trading, led by lender HSBC, as the recent bullish run continued.Trade was more cautious in mainland Europe, however, ahead of key eurozone data later.The FTSE 100 index rose 26.28 points, 0.3%, at 8,173.31. The FTSE 250 was up 51.07 points, 0.3%, at 20,135.86, and the AIM All-Share was up 1.36 points, 0.2%, at 764.69.The Cboe UK 100 was up 0.4% at 817.04,

London equities finished in the green on Monday, outpacing its European peers, ahead of the Federal Reserve?s eagerly awaited interest rate decision on Wednesday.The FTSE 100 index closed up 7.20 points, 0.1%, at 8,147.03. The FTSE 250 ended up 260.63 points, 1.3%, at 20,084.79, and the AIM All-Share closed up 8.05 points, 1.1%, at 763.33.The Cboe UK 100 ended up 0.1% at 814.08, the Cboe UK 250 cl

Stock prices in London were up heading into the afternoon on Monday, beating more cautious trade on mainland Europe, as investors shifted focus onto this week?s Federal Reserve interest rate decision in the US.The FTSE 100 index rose 40.94 points, 0.5%, at 8,180.77. It had climbed to 8,189.14, its best-ever level.?The blue-chip index continues to glow and sustain energy that we haven?t seen in the

Firm to power Tesco Clubcard ChallengesOne-year contract with option to renewEagle Eye?s sales rose 20% in H1Technology tiddler Eagle Eye Solutions (EYE:AIM) has secured a new contract with Tesco (TSCO) for personalised promotions, exciting news which sent shares in the UK SaaS (software-as-a-service) firm up 9% to 510p on Monday.While no financial details were disclosed, house broker Shore Capita

Group premiums up 7%Property premiums up 26%No change to estimatesLondon market insurance group Beazley (BEZ) posted an in-line first-quarter trading update and confirmed its full-year guidance for written premiums and costs.The shares, which closed at an all-time high of 694p in March, continued to ease down 0.4% to 636p. STRONG PROPERTY PREMIUMSInsurance written premiums for the three mon