UK GDP rose by 0.6% in the second quarter, according to initial estimates - in line with analysts' expectations and double the 0.3% figure seen in Q1.
China has unveiled new measures to boost its struggling economy in a fresh sign the ruling party is concerned about a slowdown.
Brooks Macdonald has reported 45% growth in discretionary funds under management for the year to June but warned the costs of investing in the business will drag on margins in 2014.
The FTSE 100 has ended three straight days of losses to move 0.9% higher, returning to levels last seen at the end of May.
The Royal Bank of Scotland (RBS) has been fined £5,620,300 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions it made in wholesale markets, and in some instances, failing to report transactions at all.
Disappointing Chinese manufacturing data has sent Asian equities into reverse and raised further questions over extent of the country's economic slowdown.
The next chief executive of state-backed lender Royal Bank of Scotland could be named next week, according to reports.
US equities can benefit from the end of QE and post an annualised return of 10% by end-2014, according to AXA IM head of research Eric Chaney.
The UK needs about 5,000 extra financial advisers to cope with the rising demand for retirement advice, research from Standard Life concludes.
The Financial Conduct Authority (FCA) is preparing to restart its disciplinary action against Keydata founder Stewart Ford after his attempt to appeal a previous High Court ruling was quashed.