Economics

The UK economy is heading in the right direction but there are a "number of years to go" before a full-blown recovery can be called, Bank of England (BoE) chief economist Spencer Dale has said.

Fidelity Worldwide Investment's Anthony Bolton has revealed the three pillars of a stock-picking process which helped him become one of the most successful fund managers the country has ever seen.

Investec's Wealth & Investment saw operating profit leap 35% in the six months to 30 September after enjoying £400m in net flows.

Minutes from the US Federal Reserve's October committee meeting have helped push Japanese stocks higher after the central bank hinted at slowing its asset purchase programme.

The leading US equity markets hit fresh record highs on Monday, suggesting a ‘Santa rally' is well underway in the run up to Christmas.

Macro data was at the forefront of investors' minds this week, after a surprise drop in UK inflation sent the pound lower.

GLG has launched a mirror version of Henry Dixon and his ex-Matterley colleagues' Undervalued Assets fund, after poaching the team in September.

Barclays is to cut 1,700 UK branch jobs from 2014 as customers move online for services.

Janet Yellen has defended the Federal Reserve's quantitative easing programme in her first appearance before Congress.

Jupiter's Peter Lawery has said the next five years promise to be uncomfortable for investors as they try to dodge 'punches' in the form of central bank policy moves.