Economics

Odey Asset Management has confirmed the launch of a UCITS version of Crispin Odey's flagship hedge fund strategy, as first revealed by Investment Week.

Pressure is mounting on the boss of Lloyds to give up his bonus after the bank was rocked by yet another hit relating to a mis-selling scandal.

Sir Mervyn King voted to increase quantitative easing by a further £25bn at February's Monetary Policy Committee meeting, latest minutes reveal.

Asian stocks have rallied for the third day in a row, led by Japanese shares, as regional indices touch highs last seen in 2011.

Hedge fund giants are said to be preparing to short sterling after it fell to its lowest level against the dollar since July this week.

Prime Minister David Cameron has called on Royal Bank of Scotland to speed its return to the private sector amid speculation the government may give away its stake to the public.

Frontier markets are less volatile, more diversified and a better bet for dividends than their broader emerging market peers, according to HSBC's Andrew Brudenell.

A group of MPs has criticised government attempts to stimulate the economy, including quantitative easing, for being "expensive experiments".

Jupiter CEO Edward Bonham Carter has called into question the equity market rally, suggesting current moves do not yet signal the start of a new bull market.

Germany's GDP slumped by the most in four years in Q4 2012, with French, Italian and Japanese growth also contracting more than expected on the quarter.