Markets

GEMs

The Bank of England has held interest rates at 0.5% for the 43rd consecutive month and kept its bond purchase target at £375bn.

Allianz Global Investors is to merge away three UK equity funds as it refocuses its adviser business in the UK.

The UK economy is in "a very deep crisis" and it is difficult to predict when it will recover, according to business secretary Vince Cable.

ON UK GROWTH

UK growth may yet provide a positive surprise relative to developed market peers, according to analysts at Credit Suisse.

The price for gold bullion, measured in fine troy ounces, is fixed twice a day in London to allow market users to trade gold at a single level.

The manager of the world's largest bond fund has pointed to the US, UK, Spain, France, Japan and Greece as serial debt addicts whose government borrowing is spiralling out of control.

Morningstar's markets editor Jeremy Glaser highlights some unnerving data from the third quarter as we move into the final two months of the year.

Former M&G manager Mike Godfrey has joined institutional investment boutique Marathon after leaving the asset manager last week.