Markets

Royal Bank of Scotland (RBS) will be hit with greater fines than Barclays over the LIBOR-fixing scandal, a member of the Treasury select committee has claimed.

The US Republican party is reportedly to look at restoring the link between the dollar and gold as part of its platform for the 2012 elections.

Former Polly Peck International (PPI) owner Asil Nadir has been jailed for ten years for stealing £29m from his businesses 20 years ago, the BBC reports.

Tullett Prebon CEO and Fundsmith founder Terry Smith discusses the latest UK government borrowing figures and policymakers' plans to stimulate growth.

Asian stock markets echoed Wall Street's overnight slump as investors fretted over declining Japanese export figures.

Henderson's director of pan European equities, Tim Stevenson, discusses the rally in European markets over the past six weeks and the ECB's rumoured plan to backstop the euro by capping Spanish and Italian bond yields.

The S&P 500 is at a four-year high and the Dow looks set to follow as US equity investors continue to make gains.

Guy Foster, head of portfolio strategy at Brewin Dolphin, discusses the progression of the eurozone crisis in light of the latest policy shift.

ON UK INCOME

European markets rose in early trading as investors awaited a meeting on Greece's future and possible anti-crisis action from policymakers.