Economics

Insurance firm Aviva has suffered an embarassing blow after more than half its shareholders voted against its proposals on executive pay at its annual general meeting today.

Société Générale strategist Albert Edwards has warned investors who own Australian government debt they face the 'mother of all hard landings' if China's economy slows down as they expect.

Net retail sales for Q1 2012 have slumped considerably compared to the two previous years, according to the Investment Management Association (IMA).

Berry Asset Management's Mark Robinson has been increasing exposure to the US market in the view it is unlikely to fall back into recession.

The FTSE 100 was in positive territory in early trading as investors across Europe pushed indices higher in reaction to Spain's successful bond auction.

The UK will come out of recession in the second half of the year, bouncing back from negative growth in the first two quarters.

Funds under management at wealth manager St James's Place have hit a record £31bn.

Investors in Warren Buffett's firm Berkshire Hathaway may have been left disappointed with returns over the past three years as the company has underperformed the S&P 500 by more than 25%.

George Osborne has accused the European Commission of offering concessions to French and German banks as he refused to sign revised clauses of the Basel III agreement.

Bank of England governor Mervyn King has admitted the central bank failed to warn of the risks banks were taking ahead of the crisis in 2008.