UK investors withdrew £822m from funds in May, the fourth month of net retail outflows so far this year.

Prime Minister Boris Johnson has bowed to pressure from ministers to resign as Conservative Party Leader.

Nadhim Zahawi MP, the newly appointed Chancellor, has called on Prime Minister Boris Johnson to quit.

Eveleyn Partners, the Financial Planning firm previously known as Tilney Smith & Williamson, has added Financial Planner Catherine Glennon to its Cambridge team.

Pensions Minister Guy Opperman MP has become the latest Government minister to resign this morning.

Expanding Nottingham-based Financial Planning firm Wren Sterling Group has acquired the trade and assets of Oxford-based Critchleys Financial Planning LLP from accountancy firm Critchleys LLP for an undisclosed sum.

Fintech and back office system provider Iress has launched a new range of Xplan packages as it prepares to retire its popular Adviser Office system used by many advisers.

Treasury Economic Secretary John Glen MP has become the latest government minister to resign.

Fund manager and financial provider Abrdn has launched five new index-based, sustainable funds of funds to expand its MyFolio fund range which has £16.5bn invested.

Wealth management trade body PIMFA has urged the government to compensate victims of the British Steel Pension Scheme from the Pension Protection Fund.