Economics

The Co-operative Bank has revealed it must raise £400m via a new share issue after discovering additional costs related to PPI mis-selling.

BlackRock has warned of ‘major risks' to the UK and Scotland if Scots vote for independence in September's planned referendum.

Russian stocks and government bonds fell today after the US and European Union increased sanctions against Russian politicians and business leaders.

Chinese stocks rebounded overnight after experiencing the biggest decline in seven months.

Former French presidential hopeful Dominque Strauss-Kahn is hoping to raise $2bn to launch a hedge fund.

Industry figures have broadly praised George Osborne's 2014 Budget, pointing to the benefits created for savers.

US markets fell this morning after a surprising comment by US Federal Reserve chairman Janet Yellen that interest rates would rise in 2015.

The Government has pushed ahead with the crackdown on LLP taxation structures, stating it will come in from this April, despite criticisms from the industry and calls for a delay.

The 40% income tax threshold will rise this year and next, Chancellor George Osborne has said in the Budget.

The Chancellor has announced far reaching reforms to pensions in his fifth Budget speech and said "no one will have to buy an annuity" in the future.