Economics

The Bank of England's Monetary Policy Committee has become less concerned with deflation risks, according to it latest minutes, despite CPI inflation dropping to 0%.

A UK futures trader has been accused by US authorities of contributing to the 2010 'flash crash' which saw the Dow Jones plunge 600 points in five minutes.

Tesco has reported a worse than expected full-year loss of £6.4bn, after £7bn in one-off charges arising from a "very difficult" 2014 dragged it into the red.

Henderson Global Investors' chief executive Andrew Formica has warned the UK's credit rating could be put at risk by a Labour triumph at next month's general election.

The FTSE 100 index moved back above 7,000 this morning after the Chinese central bank announced stimulus measures to prop up its economy.

The UK economy is set to grow 2.8% this year, helped by CPI at zero and a lower oil price, according to the EY Item Club.

International investors have begun selling out of UK gilt holdings on uncertainty over how Britain will manage its debt pile in the next parliament.

Central banks may resort to 'helicopter drop' measures to stave off the threat of deflation, according to Investec's Alastair Mundy.

The International Monetary Fund (IMF) has warned global markets could be hit by turmoil worse than the 2013 'taper tantrum' when interest rates rise.

Fund administration firm Maitland has boosted its assets under administration from £6.2bn to £140bn by acquiring UK business Phoenix Fund Services.