Cofunds has appointed Openwork CEO Martin Davis as chief executive.

Goldman Sachs will be referred to the US Department of Justice for allegedly making "misleading and inaccurate" comments to Congress over its role in the financial crisis.

The Japanese government has raised the severity of the crisis at the Fukushima Dai-Ichi nuclear plant to 7, a rating only previously applied following the 1986 Chernobyl disaster.

The Bank of England is likely to maintain its current monetary stance and keep interest rates at their historic low today after a new report suggested the UK's economic recovery remains sluggish.

Portugal has become the third nation to ask the European Union for financial assistance.

The first quarter rebound in the UK economy was weaker than expected, a survey suggests, adding to a growing consensus the Bank of England should again delay raising interest rates this week.

IFAonline today brings you LIVE coverage of all the measures in what is being dubbed a 'steady-as-she-goes' Budget package.

The UK economy will grow by 1.7% this year, significantly below previous estimates, George Osborne announced today.

The amount people can earn before paying tax will be increased by around £600 from April next year, Chancellor George Osborne will announce today.

The yen suffered the biggest decline in more than two years against the dollar on Friday after the G7 group of leading industrial nations moved to rein in the currency.