Economics

British banks do not have enough capital to ensure they surivive if there is another crisis, the Bank of England has said.

Investment veteran Jim Rogers is banking on a collapse in the Chinese stock market, so he can snap up cheap shares in the region.

Barclays has launched an investment strategy to give investors exposure to the Vix volatility index.

The FSA is to look into charges levied by UK fund management groups after its head of investments policy queried why they have been rising in recent years.

BNY Mellon has named Simon Nichols as lead manager on the £290m Newton Bridge fund, replacing Caroline Tye.

BT led the FTSE 100 this morning, with shares jumping sharply after it revealed it had spent £2bn cutting its pension deficit in half.

Ron Sandler is to step down as chairman of Phoenix Group, the parent company of Ignis Asset Management.

Ireland fell back into recession in the last quarter of 2011, according to official figures released on Thursday.

Chief executive and co-founder of Polar Capital, Tim Woolley, has cashed in £1m worth of his shares in the firm.

Up to five million workers will pay the higher rate of income tax following changes in the Budget, analysis from the Institute of Fiscal Studies has found.