Economics

The Financial Services Compensation Scheme (FSCS) will levy an estimated £76m on investment advisers in 2013/4, with failed firm Keydata highlighted as one of the main cases impacting the overall bill.

Goldman Sachs Asset Management chairman Jim O'Neill - the man who first coined the phrase BRIC - is to retire this year after 20 years at the company.

RBS has confirmed it faces not only a monetary fine but also other unspecified sanctions in relation to the LIBOR fixing scandal.

Henderson has appointed the former dean of Cass Business School, Richard Gillingwater, as its new chairman.

Hargreaves Lansdown has risen 5.8% to top the FTSE 100 leaderboard as the blue-chip index recovers from yesterday's decline.

Economic output per person in the UK will not recover to its pre-crisis peak until 2018, according to the National Institute of Economic and Social Research (NIESR).

Global markets, including the FTSE, pulled back sharply yesterday from multi-year highs, as political uncertainty in Spain and Italy spooked investors.

Analysts at Citigroup have hiked their 2013 FTSE 100 forecast to 7,000, suggesting the UK's blue chip index can still add another 10% by the end of the year.

Former Tory Chancellor Nigel Lawson has called for George Osborne to fully nationalise RBS and criticised the bank's so-called "star" traders.

BT provided an extra boost to a number of popular income portfolios today after its latest jump in profitability sent shares in the group to the top of the FTSE 100 leaderboard.