The main UK index recovered from a mixed morning as investors assessed the new coalition Government, closing up 46.24 points or 0.92% to 5,383.45.

Both former shadow chancellors George Osborne and Vince Cable have been given positions in the new coalition cabinet.

Capital gains tax (CGT) is set to rise on so called 'non-business' assets under the new coalition Government to help reduce income tax for low earners.

The Bank of England (BoE) today kept interest rates at a record low of 0.5% as uncertainty remains over who will govern Britain.

Neptune MD Robin Geffen has stepped up his campaign to oust Prudential's CEO Tidjane Thiam as the insurer is poised to gain FSA approval for its takeover of AIG's Asian arm AIA.

As Britain wakes up this morning to a likely hung parliament, Investment Week examines the key issues threatening a cross-party coalition.

US stocks plunged to lows last seen in 1987 tonight, amid speculation a trader entered a "b" for billion instead of an "m" for million when placing an order.

Newspapers gripped with Election fever have Cameron's name splashed over (almost all) the front pages, as polling day 2010 kicks-off.

The UK budget deficit will hit 12% this year to become the highest in the EU, the European Commission forecasts.

Legal & General's (L&G) investment arm increased inflows by over 50% in Q1, helped by recovering markets says the company.