Markets

Standard & Poor's has cut Spain's credit rating by two notches to one level above junk status, warning the government's policy options are limited as economic recession deepens.

The insurance arm of Royal Bank of Scotland begins trading today in the largest London listing of 2012.

The FSA should go further in its DFM transparency drive and oblige discretionaries to publish total expense ratios for their portfolios, according to David Tiller, director of strategy & business development at Standard Life Wealth.

James Du Boulay, head of fund distribution at JO Hambro Investment Management, has left the firm.

Prime Minister David Cameron has warned the UK is facing an "hour of reckoning" in his speech to the Conservative Party conference.

Shares across Europe are trading lower after Japan led Asian indices lower overnight, with the FTSE 100 on course for its third consecutive day of losses.

The latest round of QE from the US Federal Reserve may not be enough to prevent the global economy from experiencing a deflationary episode, according to Sebastian Lyon, manager of the £2.2bn Troy Trojan fund.

The UK is out of recession and had its strongest quarter in two years over the three months to September, according to NIESR.

Monday 19 October, 1987, is known as 'Black Monday' after stock markets worldwide plummeted in a single day.

The UK's trade deficit more than doubled in August as imports of goods outstripped a small uptick in services exports.