The National Institute of Economic and Social Research (NIESR) has forecast UK GDP will begin to pick up during the next two quarters but will not reach the government's 1.7% target.

Henderson Global Investors' Nick Cowley, co-manager of the $210m Horizon American Equity fund, explains why the US market is continuing to sell off despite Congress reaching a deal to raise the nation's debt ceiling.

The Dow Jones is on course for its eighth consecutive day of losses following weak consumer spending figures.

Analysts at J.P. Morgan Cazenove have downgraded Anthony Bolton's Fidelity China Special Situations trust due to its "weak" NAV performance since launch.

With the US on the verge of pushing through a deal to raise the country's debt ceiling by at least $2.1trn, American comedian Remy Munasifi gives his own unique take on the proposal.

Global markets climbed overnight on news the US has agreed a solution to its debt crisis, which will ease fears of the country losing its AAA-credit rating.

Henderson is testing the water for a C-share issue to raise additional capital for John Pattullo's Diversified Income trust.

Manager rotates Income Growth away from mega caps to broaden income stream

F&C Investments' UK equity head Peter Lees has been moving up the market-cap scale in his £210m UK Alpha fund, upping exposure to FTSE 100 names by 15% since the start of the year.

Invesco Perpetual remains positive on the prospects for the Spanish economy despite Moody's hinting it may downgrade the nation's credit rating this morning.