Economics

Artemis' William Littlewood does not expect the pound to suffer a sustained fall in the event of a ‘yes' vote in today's Scottish referendum, despite betting against the currency in his Strategic Assets fund.

China's central bank has followed the ECB's move to boost its economy, after revealing plans to inject a fresh round of capital into its banking system.

UK unemployment fell to its lowest level in six years in the three months to July, according to the latest figures from the Office for National Statistics (ONS).

Two members of the Bank of England's Monetary Policy Committee again voted to raise rates this month, minutes from the latest meeting show.

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UK CPI inflation fell from 1.6% to 1.5% in August, a level seen on only two other occasions over the past five years.

The pound could dive a further 10% in as little as a week if a 'yes' vote on Scotland is approved, witnessing a sell-off reminiscent of sterling's fall on Black Wednesday more than 20 years ago, a manager has warned.

Brent crude oil has fallen to more than a two-year low following a thinktank's move to cut its forecast for global oil demand, while markets were muted overnight ahead of a pivotal US Federal Reserve meeting.

The global economic outlook has darkened in recent months, with a slow recovery in the eurozone holding back many other economies, the Organisation for Economic Co-operation and Development has said.