Markets

Former Cazenove European fund manager Chris Rice is to launch a boutique fund management firm with ex-colleague Tim Russell, Investment Week can reveal.

The Bank of England is expected to raise its growth forecast for the UK to 3% following the strong recovery the country has seen.

Rathbone Brothers is reviewing the latest judgement in its ongoing Jersey trust legal dispute after the latest ruling.

The most read story on Investment Week's website this week concerned outgoing fund manager Neil Woodford and how Invesco Perpetual is moving to protect investors in his funds.

London-based stockbroker JNF Capital is launching an asset management arm, Atlas JNF Asset Management, offering hedge-fund style strategies to retail investors.

US non-farm payroll numbers came in at almost double analysts' estimates in October, despite the 16-day government shutdown.

UK markets have fallen this morning following the surprise announcement yesterday by the European Central Bank (ECB) that interest rates would be cut to 0.25%, and the shock downgrade of France's credit rating.

Standard & Poor's has downgraded France's credit rating from AA+ to AA.

The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to maintain UK interest rates at their historic low of 0.5%.

Twitter shares have soared 90% from their IPO price on the company's first day of trading, with the stock hitting a peak above $50.