Economics

Economist and creator of the term 'BRICs' Jim O'Neill is to become a Treasury minister in the new government.

Neptune has promoted James Dowey to the role of chief investment officer.

Sterling has fallen after the Bank of England downgraded its growth forecasts for the UK economy while indicating it could start to raise interest rates in mid-2016.

Morgan Stanley has warned of an approaching 'triple taper tantrum next year if the US, Japan and Europe all taper their monetary policies at the same time.

Ros Altmann has been named as the next pensions minister, replacing Steve Webb.

Investors cheered last week's election result, but an EU referendum and SNP agitators could have major implications for markets this year. Six wealth managers analyse the possible impact.

The British Chambers of Commerce (BCC) has urged new Prime Minister David Cameron to undertake a 'fundamental reform' of Britain's relationship with Europe.

China's central bank has cut interest rates for the third time in six months as it tries to shore up its slowing economy in the face of low inflation and a cooling property market.

The Conservative party's election victory means it has been given a mandate to renegotiate the UK's role in Europe, according to Jupiter vice chairman Edward Bonham Carter.

David Cameron has said the Conservatives will govern "as a party of one nation" over the next five years, as well as delivering on their promise to hold an in-out referendum on EU membership.