Following the suspension of high profile Gartmore fund manager Guillaume Rambourg pending the outcome of an internal investigation in relation to trading breaches, industry figures give their reactions.

Britain's emergence from an 18-month recession was stronger than first thought, according to revised ONS data.

Government plans to cut the budget deficit are not ambitious enough, a European Commission report will say on Wednesday.

Prudential rushed last night to complete a Hong Kong listing for its shares amid doubts investors would approve its record $35.5bn acquisition of AIA, the Asian division of American International Group (AIG).

China could end its near two-year currency peg on the dollar as soon as next month, according to respected economist Professor Nouriel Roubini.

World stock markets rose after midday on better-than-expected US jobs data.

German Chancellor Angela Merkel has pledged to "stand helpfully by Greece's side" but her economy minister said Germany would not offer a cash bailout.

The pound remained under pressure after hitting a ninth-month low against the dollar yesterday as the prospect of a hung Parliament heightened fears of a delay in reducing Britain's public debts.

The traded life policy investments (TLPI) market has "significant problems" and is in no way a mainstream option for investors, the FSA's head of investments said today.

The Treasury could still hit its budget deficit target for the year despite worse-than-expected January public borrowing figures, PricewaterhouseCoopers (PwC) says.