UK

The FTSE 100 has started to recover during this morning's trading, after its first poor finish since the start of the year on Monday.

ON UK INCOME

HSBC says sterling will weaken this year as it faces a "triple cocktail" of potentially destructive factors from China, the US and the eurozone.

Investec Asset Management has hired Argonaut head of distribution John Lester to its UK client group as it beginnings rolling out its RDR proposition.

Charles Stanley has appointed Douglas McNeill as investment director for its new direct-to-client service, due to launch at the end of March.

Senior backbench MPs are being lobbied to set up a powerful US-style committee that would scrutinise the public finances as a whole and try to head off major fiscal disasters.

The Chancellor is on a collision course with bond markets over plans to change how inflation is calculated.

The final cost to banks of the PPI mis-selling scandal could be as much as £25bn, almost double the figure the banks have estimated so far.

UK interest rates will stay at historic lows for four more years as the economy struggles to return to normal growth levels, Citi has predicted.

Private bank and wealth manager C. Hoare & Co has shifted its asset allocation focus from the US to Europe for 2013 ahead of an expected boost for the single currency.