UK inflation has dropped to its lowest level since November 2009 after a shock fall to 2.4%.

G4S, the UK-listed contractor which has had to ask for help to ensure security at the Olympics is watertight has seen its shares plunge today over the blunder which has cost it up to £50m.

Fidelity Worldwide Investment is to add unbundled share classes for discretionary advisers to a dozen funds in its range.

Bosses at Barclays including outgoing chairman Marcus Agius have written to staff to calm fears over the LIBOR scandal, telling them other banks face similar punishments.

Cazenove's chief investment officer (CIO) Richard Jeffrey delivers his verdict on how the threat of financial market meltdown is being used by all and sundry across Europe to get their own way.

The US Treasury Secretary Tim Geithner warned Mervyn King and colleagues at the Bank of England about problems with the LIBOR rate in 2008, years before the scandal was revealed.

Spooked investors nervous about the outlook for major economies around the globe are buying record amounts of short-term assets.

The yield on UK gilts has fallen to a new record low during trading today, as demand for safe havens picks up once again following indecision from the Fed over expanding its stimulus programme.

Henderson Global Investors is making its institutional share classes available to retail investors, and launching a range of 0.75% share classes, ahead of the RDR deadline at the end of the year.

Sterling has been backed to extend gains against the euro despite rising to a three-and-a-half-year high this week, as investors' fears over the future of the eurozone play out in money markets.