Economics

Neil Woodford has told Investment Week a "fragile" UK economic recovery could yet mean base rates stay at a record low for the next three years.

Prominent economists have added to calls for the government to pull back from the mortgage guarantee element of its Help to Buy initiative, arguing it is no longer needed.

Part I: Is peripheral Europe overvalued?

THE BIG QUESTION

The Trouble with Europe

Neil Woodford has opened a position in Edward Bramson's Sherborne 'Guernsey B' vehicle as one of his first investments at his new firm.

Aberdeen Asset Management completed the acquisition of Scottish Widows Investment Partnership (SWIP) last night, paying £550m for the business.

Sterling has risen above $1.69 against the US dollar during trading, nearing its highest level for five years following the release of strong manufacturing data for April.

The US economy has posted disappointing growth figures in the first quarter of the year, slowing sharply to just 0.1% after adverse weather conditions impacted the world's largest economy.

China is poised to overtake the US as the world's largest economy far sooner than expected, according to new statistics.