Markets

Investors may see UK interest rates rise earlier than the 2015 date priced in by the markets, the Bank of England governor Mark Carney and the MPC have warned, but some economies have to cope with much higher rates.

European markets climbed this morning following the release of a dovish statement from the Federal Reserve about the growth outlook for the world's largest economy.

Liontrust has seen a rise in assets under management and a jump in pre-tax profits, after its acquisition of multi-asset business North Investment Partners last October.

Newton Investment Management CEO Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)'s investment affairs division and the Investment Management Association.

The FTSE 100 was higher by mid-morning despite this morning's data from the ONS revealing a greater than expected fall in the rate of CPI inflation.

UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.

The International Monetary Fund has urged the US Federal Reserve to keep interest rates lower for longer after downgrading its forecast for the country's growth rate.

Greenpeace International has apologised to supporters after losing €3.8m through "ill-judged" attempts to play the currency markets.

Is the pullback in mid-cap equities a sign the UK recovery is starting to flatline? Andrew Kelly, partner and investment manager at Cartesian Capital Partners explores the outlook for the UK.

Luxury stocks normalise for slower era of growth