Markets

Barclays' head of compliance Sir Hector Sants will not be returning to the banking group after taking three months' leave in October due to stress.

The Bank of England has sharply revised its unemployment forecasts but emphasised this does not mean it is guaranteed to hike rates once the 7% threshold is reached.

Charles Gregson, chairman of St. James's Place, is stepping down from his role at the end of the year to be replaced by Sarah Bates.

The FTSE 100 and other indices across the world were in the doldrums today as the latest round of positive economic data sparked fears of a sooner than expected end to stimulus programmes.

Bedlam Asset Management has begun liquidating its fund range and winding down its business on concerns that it may be about to lose the bulk of its assets.

Liontrust has reported a 326% increase in adjusted pre-tax profit for the six months to 30 September and reintroduced an interim dividend.

Jupiter chief executive Edward Bonham Carter is to join the board of Land Securities as a non-executive director next year.

The chairman of UK Financial Investments, the body responsible for the government's stake in RBS and Lloyds, has warned the former could face further fines from regulators over sales linked to the US sub-prime mortgage crisis.

UBS Global Asset Management has closed its UBS Global Diversified fund as it continues to streamline its UK fund range.

UK CPI inflation dropped to 2.2% in October, a larger-than-expected fall that sent sterling to a two-month low against the dollar.