Markets

Some 67% of bankers in the City were unhappy with their overall remuneration package in 2012 and feel "excellence is not incentivised" according to a new study.

EQUITIES

Andrew Tyrie, the chairman of the Treasury Select Committee (TSC), has written to the Financial Services Authority over a decision by the Bank of Ireland to raise mortgage interest rates.

WEALTH MANAGERS

Italy's embattled economy contracted 2.8% year on year in the fourth quarter, according to the final reading released this morning, worse than the 2.7% contraction previously thought.

The Commission on Banking Standards has told the government its plans to reform the UK's banking sector are not strict enough.

Standard Life is investigating an error that has left thousands of advisers being quoted inflated fund prices on a number of platforms.

The Office for Budget Responsibility has rebuked David Cameron over his claim austerity is not to blame for the UK's sluggish economy.

While markets are nearing - or passing through - nominal highs, in reality, UK shares would need to climb much higher just to meet inflation-adjusted pre-crisis highs of 2007.

ON UK INCOME