Shares in Centrica have fallen 3% in early trading after UK energy secretary Ed Davey urged regulators to look at industry profit margins.

US and European equity markets have moved higher this afternoon despite the latest employment figures raising questions over the strength of the US recovery.

Edward Bonham Carter has compared the reaction of markets to the end of ultra-loose policy to "Lance Armstrong coming off the drugs" in one of his final speeches as Jupiter chief executive.

Jupiter CIO John Chatfeild-Roberts has said he will seek to invest more of his £9bn Merlin multi-manager range in funds with overseas assets if sterling maintains its upwards trend.

Corporate bond managers have begun to shy away from participating in deals dominated by some of their larger peers as market liquidity continues to contract.

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

The Financial Conduct Authority (FCA) has warned a bank manager that it intends to take action against him for failings in relation to an interest rate benchmark.

A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.

Data provider and ratings service FE plans to take a minority stake in Richard Romer-Lee's Square Mile Investment Research as the two companies launch a strategic partnership.

Lloyds Banking Group has said it expects to report a "small" pre-tax profit for 2013 and intends to restart dividend payments in the second half of this year.