Fidelity FundsNetwork has laid down the gauntlet to rivals by pledging to disclose payments it receives from fund groups by the end of the month.

A majority of leading economists polled by the BBC expect interest rates to remain unchanged until next year.

AXA Wealth's net new business rose 18% to £1.1bn for the first half of 2011, with the group benefitting from last year's strategic review which lead to a focus on this part of the business.

Hargreaves Lansdown said the FSA's proposed rule changes to platforms will have "no material impact" on its business as its shares fell sharply in early trading.

The FSA says more research is needed before it can make the final decision on whether to ban cash rebates.

The UK economy will only grow at a "sluggish" rate this year, according to the CBI.

There are clear signs of a rift within the MPC over interest rates as deputy governor Paul Tucker said he is close to voting for a rise.

Consumer groups will have the power to insist regulators investigate complaints of mass mis-selling of financial products when the Financial Conduct Authority takes over in 2013, Mark Hoban, financial secretary, will announce today.

The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.

The oil price fell by $6 after the International Energy Agency (IEA) said it would make available an extra 60m barrels.