Economics

Greek politicians have accused European leaders of trying to force the indebted nation out of the euro after triple-A rated governments threatened to postpone elections and install a technocratic government.

The price of Brent crude hit a six-month high last night amid fears Iran had halted exports to Europe.

Rathbone Unit Trust Management is to launch RDR-ready 'institutional' share classes across its fund range from 1 March.

UK equities could return 11% per annum for the next 10 years, fund group Neptune has said, as value stocks come to the fore.

The Bank of England has raised its inflation forecast for two years' time to around 1.8%, more than some economists had predicted.

Fidelity's Sanjeev Shah has said he does not foresee a major market sell-off in the near term, as the FTSE 100 trades at a seven-month high.

Fourth quarter eurozone GDP has come in fractionally ahead of expectations but the 0.3% drop will do little to dismiss predictions of a new recession.

China has pledged to help resolve the eurozone debt crisis by investing in European bailout funds and continuing to hold euro assets.

A former minister for Europe has urged the government to attach "health and safety" warnings to promotional material that encourages businesses to invest in Russia.

Henderson is to convert its £568m Higher Income fund into a global equity offering, Investment Week understands, as part of a major overhaul of its fund range.