Economics

Mark Carney has told MPs it would be ‘extremely foolish' for the Bank of England to cut interest rates further in order to combat falling inflation.

The FTSE 100 index fell sharply on Tuesday in its worst day of 2015 so far, as energy stocks plummeted on the back of further falls in the oil price.

Close Brothers has reported a strong first half of its financial year 2014/15 despite a more challenging environment for its Winterflood business.

Neil Woodford has introduced a currency hedge on his Woodford Equity Income fund for the first time in the belief the European Central Bank's QE programme may prompt further euro weakness.

The FTSE 100 has fallen back below the 6,900 mark after a stronger than expected US jobs report on Friday caused investors to fret once again about the prospect of a US rate hike this year.

US jobs growth accelerated again in February as the country added 295,000 new roles, according to the Bureau of Labor Statistics.

Aviva has said it expects its acquisition of rival Friends Life to generate extra revenue of £600m over the next two years, including and cost savings for the company of £225m.

Following the unexpected poor performance of ‘event driven' strategies in 2014, Philippe Ferreira, head of research, managed account platform at Lyxor Asset Management, analyses what went wrong and they are doomed to repeat the same mistakes in 2015....

The Bank of England is being investigated by the Serious Fraud Office (SFO) in relation to liquidity auctions held during the financial crisis.

Schroders has posted record results for 2014, with inflows of £25bn pushing the group's total assets under management to the £300bn mark.