Economics

Asian markets tumbled overnight and safe-haven bond yields fell following news EU member Cyprus is to impose an unprecedented bank levy on deposits held in the country.

More than 20 fund management groups are to set to make a formal offer to buy 315 Royal Bank of Scotland (RBS) branches, the Sunday Times reports.

Chancellor George Osborne is to bring forward the introduction of the flat-rate state pension and the cap on social care by a year.

Miton Group - Gervais Williams' fund management company - has announced plans to launch a range of UK equity funds after a positive year for the group which saw assets climb towards £2bn.

ECONOMY

Old Mutual Global Investors has confirmed it has hired Schroders star Richard Buxton as its new head of UK equities, with the manager set to run a UK Alpha equity fund.

Outgoing Bank of England(BoE) governor Sir Mervyn King said last night the pound is now "properly valued" in a move to halt its slide.

The collapse of debt burdened firms that were bought up by private equity companies before the financial crisis could pose the next major risk to the stability of the UK's economy, the Bank of England has warned.

Threadneedle's head of US equities Cormac Weldon considers how far along the road to recovery the US really is, as well as which sectors will support and benefit from the economic revival.

Cherry Reynard examines whether the global equity rally can be sustained...