Economics

Chancellor George Osborne has said there are no barriers to the UK launching more quantitative easing amid growing fears over the health of the UK economy, the Financial Times reports.

Marlborough's Giles Hargreave has been building up his cash positions as he expects one more major market sell-off, which will send the FTSE 100 down 10% to 4,700.

Standard Life Investments' Harry Nimmo has admitted he made a "huge mistake" offloading his holding in Supergroup last month and is looking to buy back into the stock.

PUTTING OUT THE FIRE WITH GASOLINE

LESSONS FROM LEHMANS

Major European and US indices have dropped as the ECB revealed a key official was stepping down.

Head of the International Monetary Fund Christine Lagarde has called for the G7 leaders to take urgent action at their upcoming meeting to safeguard the global economic recovery.

Last week's decision by the Swiss National Bank to cap its exchange rate to a minimum of CHF1.20 to the euro will not rescue the Swiss economy, said Jennifer McKeown, senior European economist at Capital Economics.

Andrew Milligan, head of global strategy at Standard Life Investments, scrutinises Ben Bernanke's Jackson Hole speech.

Miton Special Situations manager also warns gold is ‘dangerous' at current levels