Rupert Murdoch-owned British newspaper the Times says it won’t just deliver business news any more, it will act on it, reports the Press Gazette.

Read: The stiff competition to keep staff

The newspaper has teamed up with Bestinvest to offer investment services under the name Times Wealth Management.

In a statement, the newspaper promises a range of services—from online trading, to advisors, to full wealth management and planning, “all at competitive rates.”

The newspaper is banking on the idea that as a trusted source of business and investing news, the products are a natural extension of its brand, says Press Gazette. Times Wealth Management is already available in the UK.

Read more here.

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This type of occurrence is not new. Nearly the same thing happened in the US when QuoteSmith (which was at one time one of the primary term life insurance quoting services in the US went on to also become a sales lead solicitation business and then morphed into an a media agency and an insurance agency competing with its former customers. See QuoteSmith and

Monday, March 17 @ 2:13 pm //////

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