UK

Aberdeen Asset Management's purchase of SWIP has landed it with the largest number of products in Chelsea Financial Services' latest underperforming fund rankings - but it has avoided inclusion in the firm's 'DropZone' list.

Two senior executives are to join Tesco's board as non-executive directors as the supermarket attempts to restore confidence following its accounting scandal.

Tesco shares have fallen as much as 4% on reports it is considering a rights issue to shore up its balance sheet.

UK 'challenger bank' Aldermore is set to float later this month, with a share price which values the business at around £800m.

Tesco's third largest shareholder Warren Buffett has described his investment in the supermarket as a "huge mistake".

The tide has turned against mid caps as tourists have retreated and investors head to mega caps for yield. But with lower prospects for growth among FTSE 100 stocks, should investors be favouring mid caps again? Ecclesiastical's Andrew Jackson investigates....

The equity bull run is getting long in the tooth and managers are being complacent about the rising risks, argues Stephen Lamacraft from Woodford Investment Management.

Prime Minister David Cameron has said the Conservatives will raise the 40% tax threshold from £41,900 to £50,000 if they win the 2015 General Election.

Shares in Sainsbury's fell further today after it became the latest supermarket to cut its sales forecast for the full year, following a slump in trading in the second quarter.

Tesco has said the Financial Conduct Authority (FCA) has started an investigation into its accounting error, after the supermarket revealed last month it had overstated its half year profits by £250m.