Markets

Bosses at Barclays including outgoing chairman Marcus Agius have written to staff to calm fears over the LIBOR scandal, telling them other banks face similar punishments.

Cazenove's chief investment officer (CIO) Richard Jeffrey delivers his verdict on how the threat of financial market meltdown is being used by all and sundry across Europe to get their own way.

ON UK GROWTH

China's economy grew at its slowest pace since 2009 in Q2, with GDP up 7.6% on the same period last year.

Some 80% of US stocks' excess returns since 1994 have been earned in the 24 hours prior to FOMC statements, according to the New York Federal Reserve.

Ten-year US Treasury bonds were sold at a record low yield at auction yesterday, as fears that the US economic recovery is fading mounted.

Former Ardevora partner Rob Page is to join Hermes Fund Managers as head of marketing and communications, as the institutional house pushes into the UK wholesale market for the first time.

Imminent plans for another round of US quantitative easing were ruled out yesterday following the publication of the US Federal Reserve minutes, disappointing markets.

Former boss of Barclays Bob Diamond could be called to Congress to face questions from US politicians, the Guardian reports.

Managers including Newton's Tineke Frikkee were among those hit as Britvic's shares fell as much as 17% yesterday, as the company revealed the recall on its popular Fruit Shoot drinks will cost up to £25m.