Economics

Investors are missing opportunities within the UK domestic space by focusing too much on overseas earnings, Ignis Cartesian's Jeremy Hall has warned.

Japan's economy plunging back into recession, the head of the IMF quitting over sex crime allegations' and Lloyds Banking Group shareholders venting their anger over executive pay... here are today's top stories.

Multi-manager funds proved popular among investors in the first quarter of 2011, with groups including Jupiter and Henderson all seeing a rise in sales thanks to their funds of funds, according to the latest Pridham report.

Dominique Strauss-Kahn this morning gave in to mounting pressure following his arrest for an alleged sexual assault by resigning from the IMF.

UK unemployment has fallen by 36,000 to 2.46 million in the first quarter of 2011, 0.1% down on the previous quarter, figures from Office for National Statistics (ONS) show.

The Bank of England's Monetary Policy Committee (MPC) has remained split three ways on interest rates, minutes of its latest meeting show.

Dominique Strauss-Kahn's role as head of the International Monetary Fund (IMF) looks increasingly untenable following comments from US Treasury Secretary Tim Geithner he "cannot run" the IMF.

The yen has plunged against a basket of currencies after the Bank of Japan said the economy is in a perilous state.

Inflation rose to its highest level since September 2008 last month, reversing the previous month's retreat and breaking sterling's five-day decline against the dollar.

European governments yesterday discussed the prospect of a fresh multi-billion euro bailout for Greece - just a year after committing €110bn - in a bid to calm the markets and stabilise the region's currency.