Economics

Charles Stanley has warned its next round of results will miss market expectations as the business continues to feel the squeeze on its commission income, while in a separate move it said it had sold Henry Dixon's Matterley fund to Miton Group.

Sterling tumbled in overnight trading and was poised for further losses today after the latest poll showed Scotland is on course for independence.

The US economy added 142,000 jobs in August, well under the forecast 230,000 figure, according to latest figures which have prompted a fresh rally in US treasuries.

Bond managers have said the European Central Bank's move to cut rates and start buying asset-backed securities in Europe means it is now unlikely to implement a mainstream QE programme.

Richard Pursglove has exited Artemis Fund Managers after just a year at the group.

The CBI business lobby group has predicted UK growth will slow in the second half of the year as productivity weakness and slower wage growth bites.

John Betteridge, the former chief investment officer of Prudential's UK insurance division, has joined Rowan Dartington to head its asset allocation team.

Banking giant Lloyds has said it could move its business to England if Scotland votes for independence, leaving its Bank of Scotland arm to be run as a foreign division.

One of Europe's top officials has said Scotland will not be allowed to keep using the pound sterling and remain in the European Union in case of an independence vote.

Graham Dow, head of investment group relations at Standard Life, says any moves by asset managers to help lower net worth savers face some serious hurdles.