The best outcome from today's hung parliament election result would be a pact or coalition between David Cameron's Conservatives and Nick Clegg's Liberal Democrats, IFAs say.

Jon Maguire, cru Investment Management director, won just 307 votes for the English Democrats in his Wiltshire constituency last night, and cheekily declared "I nearly won it".

Taxes must rise sharply over the next decade to bring down borrowing, according to the National Institute of Economic and Social Research (Niesr).

Greece has agreed the outline of a €24bn (£21bn) austerity package, including a three-year wage freeze for public sector workers, in return for a multibillion-euro loan from the eurozone and the International Monetary Fund, according to people familiar...

The verdict? It is over for Gordon Brown...

The FTSE plunged a further 50 points in early trade Wednesday as the fallout following Standard & Poor's (S&P's) downgrading of Greece's debt to ‘junk' status continues.

Skandia UK chief development officer Peter Mann will be named CEO of the business after Old Mutual announced Nick Poyntz-Wright is stepping down.

Peter Hargreaves, the chief executive and co-founder of Hargreaves Lansdown, is to step down in the autumn.

Mike Sargeant, a former managing director of boutique multi-manager Lawrence House, has announced his retirement.

The chief executive of F&C Asset Management collected a £1m cash-and-shares bonus last year as the spotlight turns on fund manager pay in the wake of the financial crisis.