Markets

Nigel Parsons, a former investment director of Bestinvest, has pleaded guilty to offences including possessing indecent images of children, and voyeurism.

MARKETS

Global Emerging Markets was the best-selling IMA sector for the first time ever in October, the latest sales figures reveal.

UK GDP growth for the third quarter of 2012 has been confirmed at 1% by the Office for National Statistics in its second official reading.

The appointment of the Bank of Canada's Mark Carney as the next Bank of England governor has been heralded as an "outstanding choice" by analysts and led to upgrades for UK banks.

Mark Carney has seen off fierce competition to land the job of Bank of England governor, replacing outgoing chief Sir Mervyn King next summer.

European stocks slumped in afternoon trading ahead of a meeting of eurozone finance ministers to agree on the next tranche of aid for Greece.

Who will be the next governor of the Bank of England? The market is waiting with bated breath for Chancellor George Osborne to announce the successor to Sir Mervyn King later today.

The FSA has issued a public censure against Capita Financial Managers Limited (CFM) for its failings in relation to the CF Arch cru funds between June 2006 and March 2009.

Fidelity Worldwide Investment has launched a low-cost US tracker fund as it moves to mimic the success of its UK tracker fund among direct investors.