Economics

Lazard Asset Management's UK business has seen profits fall sharply by 75% in 2012 following a rise in outflows as well as a jump in costs.

RBS has seen shares fall 5% today after Chancellor George Osborne revealed a decision on its future is due in weeks, but is it a buying opportunity for investors or the right time to cash in?

The Bank of England (BoE) could increase interest rates a "fair amount" without hurting homeowners taking advantage of the government's Help to Buy scheme, according to one of its policymakers.

The Co-operative Bank has said it expects to shell out a further £100m in compensation to cover "revised" estimates on claims made over the sale of PPI.

There was really only one story grabbing the headlines in the retail financial services world this week - the surprise exit of the most famous investor in the UK, Invesco Perpetual's Neil Woodford.

Wealth manager Brooks Macdonald said today assets under management had risen more than 5% in the last quarter, as a combination of market gains and inflows lifted the total.

China's economic growth accelerated for the first time in three quarters in Q3, as the country opted for an immediate boost to GDP by ramping up factory output.

The US Congress has passed a bill to reopen the government and raise the federal debt limit, with just hours to spare before the nation risked default.

US equity markets have leapt higher in early trading, hauling the FTSE 100 back into the black, on fresh hopes of a resolution to the US fiscal stand-off.

Royal Mail shares have fallen in early trading as investors take stock of their positions following the huge surge in the share price of the group over the last few days.