UK

Positive data pointing to the increasing pace of the UK economy is putting the Bank of England (BoE) under greater pressure to rein in market expectations of an interest rate rise.

Fred Goodwin's 'details orientated' management style - which included introducing thousands of custom-made round-topped storage units to deal with his growing irritation over piles of paper - has been showcased in a new book.

Old Mutual's Richard Buxton has warned investors in the housebuilding sector the UK is far from experiencing a housing boom.

Legal & General Investment Management (LGIM) has appointed Justin Onuekwusi as lead manager of its newly-launched Multi-Index range.

The British Chambers of Commerce (BCC) has sharply increased its forecast for economic growth in the UK for 2013.

Skandia UK sales director Steve Powell is to retire at the end of the year after 23 years with the group.

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

UK net retail fund sales reached their highest level in over two years in July as investors shrugged off June's market volatility.

The rise in bond yields during May and June has left few parts of the bond market unscathed, and UK bonds were very much part of this move.

Charlie Bean, the deputy governor of the Bank of England (BoE), said the Bank has sent a "clear signal" it will not increase interest rates anytime soon as he expressed surprise at investors' reaction to its position.