Twitter shares have soared 90% from their IPO price on the company's first day of trading, with the stock hitting a peak above $50.

TwentyFour Asset Management has raised £55m for its TwentyFour Income fund, more than the firm had targeted, after strong investor demand.

Half the companies in the FTSE 100 could be affected by new rules designed to protect minority investors.

Economic thinktank the National Institute of Economic and Social Research (NIESR) has forecast the economy will grow by 1.4% this year.

Hargreave Hale is seeking to raise £20m for its VCT range from new and existing investors.

The UK will be the fastest-growing Western economy next year, according to a survey by accountancy firm Grant Thornton.

Boutique asset manager City Financial is targeting two multi-manager firms as it looks to expand its business through further acquisitions.

THE BIG INTERVIEW

Discount retailer Poundland is reportedly considering an £800m flotation on the London Stock Exchange next year.

F&C saw its assets under management decline by £2.2bn to £90.1bn in the third quarter, despite a further climb in retail inflows, the group revealed today.