LONDON As the debate over wealth inequality rages, a paradox is expected to play out over the next five years: the share of people in the lowest strata will decline, while the wealth of the world's richest will grow faster than any other group.
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LONDON The world's top oil and gas companies are under growing pressure to revive share and dividend rewards to investors as profits and oil prices get back on track after a three-year crunch.
British annuity provider Just Group reported a fall in total retirement sales for the third quarter against the same period last year and said it had exceeded its merger driven cost savings target of 45 million pounds ($59 million).
LONDON With U.S. stock markets climbing to new highs in October, global investors raised U.S. equity holdings to seven-month highs, a Reuters poll showed on Tuesday, encouraged by strong corporate earnings and the revival of U.S. tax-cut plans.
LONDON British fund managers have taken equity allocations down from two-year highs, having grown especially wary of pricier U.S. shares as Western central banks prepare to wind down their super-easy credit policies.
LONDON The number of new homes coming onto the market in England reached nearly 220,000 in 2016-17, just short of the pre-financial crisis peak, as the government faces pressure to solve a growing housing shortage.