The UK's highly-prized AAA-credit rating should not be seen as the 'be all and end all' of government policy, Chief Secretary to the Treasury Danny Alexander has said.
Spanish stocks rallied sharply this afternoon after a technical glitch shut down the country's blue chip index for almost five hours.
With Greece heading towards default, Spain in the doldrums, and the US starting to slow, it is hard to pluck up the courage to buy shares now, but Fidelity's equities guru Dominic Rossi has highlighted five reasons why things are not all that bad.
Shares in beleaguered retailer HMV fell sharply in early trading after it confirmed its finance director is set to follow former chief executive Simon Fox out of the door.
Charlie Awdry, manager of Henderson's China Opportunities fund, looks at why a bottoming out of power output in China could be a sign the economy is set to turn.
State-backed lender Royal Bank of Scotland (RBS) said today it had made a loss of £1.5bn in the first half of this year, after taking a near £3bn writedown on the value of its own debt.
Markets around the globe sold-off overnight after ECB President Mario Draghi failed to provide the stimulus the market had expected to tackle the eurozone crisis.
It has been a monumental ten years for equity and bond markets, with the euphoria of the first half matched by the despair seen on the faces of traders in the second half, after one of the worst financial meltdowns ever seen.
Schroders is to reopen its $3.1bn Commodity fund, run by Robert Howell, having restricted access to the vehicle in February 2010.
Fidelity's Ian Spreadbury has revealed how he would cope with a sudden round of redemptions if demand for corporate bond funds reverses.