One of the German government's closest economic advisers has warned the euro has a "limited chance of survival" and may only last for another five years.

Investors flocked to buy index-linked gilts in a Debt Management Office(DMO) auction yesterday, despite real yields being the lowest since the bonds were first offered in the early 1980s.

Henderson has hired Roger Thompson from JPMAM to replace Shirley Garrood as CFO of the group.

The UK will narrowly escape a triple-dip recession with economic growth for Q1 forecast to be 0.1%, acccording to the National Institute of Economic and Social Research(NIESR).

GOSLING'S GROUSE

Credit rating agency Standard & Poor's has warned of the continuing negative outlook for the UK economy, but reaffirmed its triple A rating for the country.

GOSLING'S GROUSE

Legal & General has agreed to acquire the 75% share capital of Cofunds which it does not already own, for a cash consideration of £131m.

Brewin Dolphin has appointed Simon Miller to the role of non-executive chairman and David Nicol as chief executive officer in a board reshuffle.

BUDGET 2013