Economics

The Federal Reserve has opted to leave monetary policy unchanged and continue with Operation Twist at least until the new year, amid signs the world's largest economy has been expanding.

If Greece leaves the euro, banks across the Continent will suffer "horrifying" consequences, with a run on banks worse than anything seen before, said M&G's bond star Jim Leaviss.

Special advisers to the Treasury Select Committee have revealed they felt compelled to press the Financial Services Authority to better scrutinise its role in the downfall of Royal Bank of Scotland.

There are many lessons to be learned from the near-collapse of RBS. Special advisers to the Treasury Select Committee Bill Knight and Sir David Walker set out what they believe were the four main mistakes which led to the bank's downfall - and how to...

London's leading share index has made a subdued opening in early trading, with investors returning cautiously to stocks after yesterday's sell-off.

DEBT CRISIS BLOG

The FTSE 100 sold-off in early trading as optimism over the EU's latest deal to tackle the crisis faded and investors dumped risk assets.

Flagship UK Opportunities fund invests in unloved names with encouraging growth prospects.

The Bank of England has overestimated the impact of quantitative easing on gilt yields, the Bank for International Settlements (BIS) has said.

After a momentous year for government debt, during which it far outstripped the majority of asset classes, managers have moved to take profits from positions in several major debt markets.