The UK's employment rate fell 0.3% between Q4 2009 and Q1 of 2010, according to figures released last week by the ONS.

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The UK's employment rate fell 0.3% between the fourth quarter of 2009 and the first quarter of 2010, according to labour market figures released today by the Office for National Statistics.

Octopus is planning to add a new product to its IM Octopus multi-manager fund range in the autumn.

The uncertain future of the UK economy following the first hung Parliament in 30 years has led to a sell-off in small-cap stocks as investors seek safety and overseas exposure from blue chips.

Overseas investors piled into UK gilts in February and March, buying up £28bn worth of assets - more than the inflow for the whole of 2009, according to the Bank of England.

Jupiter European Income manager avoids financials and takes overall cautious stance, believing Greece story could contaminate other eurozone economies

Skandia has replaced Lazard as the manager of one of the largest mandates it has ever given out, handing the assets to Aegon's Audrey Ryan.

Liontrust's woes continue as CEO and co-founder Nigel Legge has stepped down to be replaced by new head of retail John Ions.

Scottish Widows Investment Partnership (Swip) has promoted Mike McNaught-Davis to the newly created role of head of international equities.