Economics

Four men inspired by al-Qaeda have admitted planning to detonate a bomb at the London Stock Exchange, according to the BBC.

Liontrust is preparing to launch another European absolute return fund for European equity stars James Inglis-Jones and Gary West.

Alistair Darling, former Chancellor of the Exchequer, has criticised the move to single out ex-Royal Bank of Scotland (RBS) chief Fred Goodwin by stripping him of his knighthood.

Legal & General Investments has cut the AMCs on five of its index tracker funds and TERs across 13 products in the range.

Amazon shares are expected to slide 9% when Wall Street opens, as the online retailer's sales failed to meet analyst expectations over Christmas.

Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.

Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.

Former RBS chief executive Sir Fred Goodwin has had his knighthood cancelled and annulled by the Queen.

Scottish Widows Investment Partnership (SWIP) has further strengthened its 50-strong real estate team with the appointment of Geoff Hepburn as investment manager.

Staff at Aviva Investors face a wait of up to 90 days before more clarity is given on jobs, following yesterday's announcement by the group that it plans to scrap four equity desks in London.