PUTTING OUT THE FIRE WITH GASOLINE

Fidelity's Ian Spreadbury and Jupiter's John Chatfeild-Roberts were named joint winners of Outstanding Fund Manager award at this year's OBSR Awards, held last night in London.

Miton Special Situations manager also warns gold is ‘dangerous' at current levels

China's attempts to cool rising prices have begun to have an impact, as inflation slowed in August after hitting a three-year high the previous month.

Newly listed oil and gas producer Vallares, led by former BP boss Tony Hayward, is set to merge with Genel Energy International.

George Osborne has admitted he has had to revise down already weak growth forecasts for the UK, prompting fresh double-dip fears, but insists he is sticking to his austerity plans.

Schroders has expanded Johanna Kyrklund's multi-asset team with the appointment of Matthias Scheiber as fund manager.

The Independent Commission on Banking (ICB)'s plans to ring-fence will have a very limited impact on the UK's economic output, according to Ernst & Young.

US markets opened lower today as more weak economic data emerged from the US showing no jobs were created in August.

Greece will miss its budget deficit target this year, the government and its international lenders said yesterday, but there was disagreement over how big the fiscal derailment will be.