Economics

The UK has just managed to avoid a technical recession, according to the National Institute of Economic and Social Research (NIESR), but output is unlikely to reach 2008 peak levels again until 2014.

US markets opened lower ahead of tomorrow's key jobs data, as the global sell-off gathered pace on negative news from Europe.

Rathbone Brothers' subsidiary, Rathbone Investment Management, has acquired wealth management firm RM Walkden & Company following a stream of hires.

The Bank of England has held interest rates at 0.5% and resisted another round of quantitative easing amid tentative signs of an improvement in the economic outlook.

Exchange-traded products gathered net new assets of $67.3bn during the first quarter of 2012, making it the best start to the year ever for the industry.

The Bank of England is expected to resist unleashing extra emergency support for the economy today amid mixed signals over the fate of the recovery.

Global markets continued their downward trend this morning as fears re-emerged about the state of European and the US economies.

Three sales people at Neptune Investment Management have left the company to join an investment boutique start-up.

The FTSE 100 has dropped 2% as diminished expectations of more stimulus from the US Federal Reserve knock investor confidence.

Spanish borrowing costs soared following a €2.5bn auction on Wednesday, which failed to meet its target.