Nutmeg, one of the best-known robo-advisers, has promoted chief financial and operating officer Neil Alexander to replace chief executive Martin Stead who is leaving early in 2020 to move overseas.

The Bank of England’s Monetary Policy Committee has voted by a majority of 7-2 to maintain the base rate at 0.75%, the bank said today.

The Bank of England’s Monetary Policy Committee voted by a majority of 7-2 for a second month to maintain the Bank Rate at 0.75%.

The Bank of England’s Monetary Policy Committee voted unanimously today to cut the bank base rate from 0.75% to 0.25%.

The Bank of England’s Monetary Policy Committee cut the bank base rate today from 0.25% to 0.1%.

A new Financial Services Bill and a ‘refined’ Pension Schemes Bill will be introduced by the Government as part of a 30-bill programme announced in the Queen’s Speech today.

Dean Mirfin, the well known chief product officer at equity release specialist Key Group, is to leave his executive position with the company to pursue other opportunities, the company said today.

Guy Opperman MP has retained his role as Pensions Minister in the new government under Prime Minister Boris Johnson, the DWP has confirmed.

The FCA has confirmed details of the second fine on a CMC company this week, this time for copying client signatures.

The Consumer Prices Index (CPI) remained at 1.5% in November - a three year low - despite some experts predicting a fall to 1.4%.