A LONDON management consultant was sentenced to two years in prison after being convicted of making about £500,000 (€586,146) using confidential tips from a hedge-fund trader.

The number of suspicious stock market trades reported to the UK's City watchdog have more than doubled during the past five years, figures showed today.

A City banker who amassed more than £500,000 (€586,000) through “deliberate and dishonest” acts of insider trading alongside his wife and a friend was jailed for three years and four months today.