Markets

The rally across much of Europe has passed Spain by so far this year, with the country's chief index lower than at the start of 2013.

The UK is two years behind the US in terms of economic recovery, a leading fund manager has warned.

UK shares are enjoying a positive session despite the latest growth wobble in China, after the country's finance minister revealed the economy is going to undershoot the 2013 growth target of 7.5%.

The River and Mercantile World Recovery Fund has been made available to the retail market, following its soft-launch in March this year.

Invesco Perpetual's Neil Woodford is considering snapping up shares in Lloyds Banking Group when the government begins selling its stake, according to reports which the fund group has denied.

Our expert panel reveals the funds it thinks will soon become household names.

Psigma Investment Management is to acquire the private client business of AXA Framlington in September.

Stephen Massey has been appointed head of UK wealth management at Canaccord Genuity Wealth Management following the takeover of Eden Financial.

Investors backing the US dollar were caught out last night after Ben Bernanke, chairman of the Federal Reserve, said stimulus measures are likely to remain in place in the US for some time.

Members of parliament are set to receive a pay rise of more than £6,000 from 2015, though other allowances will be scaled back, the MPs expenses watchdog is set to recommend on Thursday.