10/15/2014

UK opens sovereign offshore renminbi market

The United Kingdom priced the first non-Chinese sovereign offshore renminbi bond on Tuesday, in a move that points to the currency's growing global appeal and the UK's desire for London to be the major offshore renminbi hub.

10/15/2014

Hargreaves shelves bank plans but eyes your cash

While around £4 billion of Hargreaves Lansdown's £47 billion assets are in cash, that is made up of pensions being drawn down and money yet to be invested, generating little in the way of interest.