Economics

UK CPI inflation fell from 2.8% to 2.7% in August, in line with economists' expectations, as falling transport costs pushed the headline figure down.

It is 'possible' the coalition government could break up before the next general election in 2015, according to Vince Cable.

US hedge funds moved to snap up shares in Lloyds Banking Group overnight as the UK government put its 6% stake up for sale in a move to begin privatising the bank.

John Wyn-Evans has joined Investec Wealth & Investment as head of investment strategy.

LEHMANS SPECIAL

The FTSE 100 has jumped almost 1% after former US Treasury secretary Larry Summers withdrew his candidacy to replace Federal Reserve chair Ben Bernanke next year.

Markets across Asia started the week brightly as traders bet the withdrawal of Fed chair candidate Larry Summers' could slow the US' curtailment of quantitative easing.

Official consumer prices index (CPI) inflation is expected to dip this week when official figures are released.

Former US Treasury Secretary Larry Summers has withdrawn his candidacy to succeed Ben Bernanke as head of the US central bank, the Federal Reserve.

Hargreaves Lansdown's legal challenge to HMRC's move to tax platform rebates was the story of most interest to Investment Week's readers this week.