Economics

Jupiter's Guy de Blonay said markets may have to plunge a further 15% before "complacent" policymakers look to more QE.

China's premier, Wen Jiabao, said the country is ready to help Europe through its current debt crisis, but is calling for Europe to recognise China as a full market economy.

European equity markets are enduring another volatile session as rumours of funding shortfalls and eurozone intervention affect sentiment.

Adam Posen, the external member of the Bank of England's Monetary Policy Committee (MPC), has upped his call for more quantitative easing (QE) to £100bn and proposed a ‘public bank' for businesses struggling to find credit on the highstreet.

Inflation climbed marginally in August as expected, driven up by higher utility bills.

Stocks in the US and Asia rallied overnight after Italy turned to China for help with its debt crisis.

Slater Investments is to launch an income fund focusing on the UK's mid- and small-cap sectors for co-founder Mark Slater.

J.P. Morgan's Private Equity limited has completed the purchase of a range of assets held by the former Arch cru funds.

The Investment Management Association (IMA) has opened up its sectors to non-UK firms in a move which will give them full membership of the trade body and bring their funds into the mainstream sectors.

Banks led markets sharply lower in early trading but their shares have now stabilised as markets digest the long-awaited Independent Commission on Banking report.