Check out our round-up of latest business and finance news
The UK’s top share index headed for its first positive week since the middle of January. This comes after a recent sell-off.
According to forecasts from the Bank of England’s agents, British workers are set for the biggest annual pay rise in a decade. Companies expect pay to increase by 3.1% in 2018.
Standard Life Aberdeen has been served notice on a £109 billion asset management deal by Lloyds, its biggest client. This comes six months after Standard Life and Aberdeen Asset Management formed to become one of Britain’s biggest asset managers.
Treasury committee chair Nicky Morgan has written to 33 firms including Goldman Sachs and JP Morgan, calling on them to sign a gender diversity pledge. The pledge was first published in 2016.
The Single Malt Fund was launched by a Swedish whisky enthusiast and gives investors a chance to buy a small part of a bigger collection or rare and limited-edition whiskies. The fund will be supervised by the Swedish Financial Supervisory Authority.