The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.
Managers have been grappling with the strong pound this year, as UK companies with overseas earnings have been hindered by currency strength. But that headwind will turn in to a tailwind in 2015, OMGI's Stephen Message predicts.
In an exclusive interview, Hugh Hendry explains his 'out of the box' thinking, analyses a policymaking pivot, and responds to critics who claim he has 'gone over to the dark side'.
UK inflation is likely to remain below target for longer, but some members of the Monetary Policy Committee (MPC) see possible risk factors that could cause it to overshoot its 2% target in the coming year.
UK unemployment fell by 63,000 to 1.96 million in the three months to October, while wage growth picked up, according to the Office for National Statistics (ONS).
The Federal Reserve may have to resort to an 'aggressive' rate hike as a consequence of stalling the decision for too long, according to Schroders' Strategic Bond fund manager Gareth Isaac.
The FTSE 100 has endured a volatile session as the impact of the falling oil price and Russian currency collapse continue to reverberate around global markets.
EFG Asset Management has made two new hires to expand its investment teams in London and Hong Kong.
UK CPI inflation fell further than expected in November to its lowest level since 2002, according to the Office for National Statistics (ONS).
Russia has raised its interest rates to 17% to prevent further depreciation of the ruble, which has halved in value against the dollar this year.