Markets

Former US Treasury Secretary Larry Summers has withdrawn his candidacy to succeed Ben Bernanke as head of the US central bank, the Federal Reserve.

Hargreaves Lansdown's legal challenge to HMRC's move to tax platform rebates was the story of most interest to Investment Week's readers this week.

Mining stocks led a drop in the FTSE 100 today as falling commodity prices weighed on shares.

Mark Carney yesterday declared the British economy is picking up but warned the recovery may prove to be another ‘false dawn'.

The government is planning to take Royal Mail private in the coming weeks, but would you be rewarded for taking a stake in the business?

Liontrust's Steve Bailey and Jan Luthman have bought into Sainsbury's and a number of other ‘challenger banks' on the view the new entrants to the market will take market share from the ‘big three', particularly in the mortgage sector.

Bank of America Merrill Lynch has named its top ten trades for this autumn as investors prepare for a tapering of QE in the US and a possible jump in interest rates.

Analysts at the Bank of America Merrill Lynch have tipped the FTSE 100 to rise to 7,400 next year, citing the strengthening economy and an accommodating central bank as reasons why stocks can reach such highs.

Sterling has risen to a seven-month high against the dollar after the UK's unemployment rate unexpectedly dipped from 7.8% to 7.7%.

Shares in taxpayer-backed Lloyds Banking Group soared to a five-year high yesterday amid speculation the government is poised to start selling its stake.