Wealth manager and Financial Planner Brooks Macdonald has reported an eighth successive quarter of positive net flows for the quarter ended 31 March.

The Treasury Committee, the influential House of Commons group of MPs, has backed the appointment of new FCA chair Ashely Alder who will take over at the FCA from February.

The prospect of personalised financial guidance has moved a step closer after Harriet Baldwin MP, chair of the influential Treasury Committee, has tabled a motion in the Commons to allow the controversial move.

This is the full text of Chancellor Jeremy Hunt's speech to MPs this afternoon (17.10.22), explaining why he has reversed of many of the changes announced in the mini-Budget on 23 September.