Graham Ashby has swapped 20 of the 50 stocks he inherited on the Ignis UK Equity Income fund in favour of stocks he prefers such as BSkyB and Petrofac.

Lord Norman Lamont, former Chancellor of the Exchequer, has blamed the Bank of England's low interest rate policy in the mid-2000s as the "biggest single contributory factor" of the 2008 crisis.

Berry Asset Management's Mark Robinson has been increasing exposure to the US market in the view it is unlikely to fall back into recession.

The UK will come out of recession in the second half of the year, bouncing back from negative growth in the first two quarters.

Investors in Warren Buffett's firm Berkshire Hathaway may have been left disappointed with returns over the past three years as the company has underperformed the S&P 500 by more than 25%.

George Osborne has accused the European Commission of offering concessions to French and German banks as he refused to sign revised clauses of the Basel III agreement.

Bank of England governor Mervyn King has admitted the central bank failed to warn of the risks banks were taking ahead of the crisis in 2008.

Home Retail Group - the UK domestic stock backed by Schroders' Richard Buxton and Fidelity's Sanjeev Shah - has reported a 60% drop in profits at its Argos chain, sending shares lower this morning.

Two top Japan equity managers are at odds over the country's prospects, with one declaring the "years of hurt are over" while the other forecasts "fiscal destruction".

Ticketus, the company backed by the Octopus Protected EIS scheme, has withdrawn from discussions with Blue Knights Consortium over a takeover of Glasgow Rangers FC.