UK

In a week when tapering talk reached fever pitch, one of our best read stories looked at the dollar slump as Fed chief Ben Bernanke said he will hold firm on QE for a while longer.

The UK is two years behind the US in terms of economic recovery, a leading fund manager has warned.

Invesco Perpetual's Neil Woodford is considering snapping up shares in Lloyds Banking Group when the government begins selling its stake, according to reports which the fund group has denied.

Psigma Investment Management is to acquire the private client business of AXA Framlington in September.

Stephen Massey has been appointed head of UK wealth management at Canaccord Genuity Wealth Management following the takeover of Eden Financial.

The Treasury has taken control of LIBOR away from the British Bankers' Association and handed it to New York Stock Exchange following the rate rigging scandal.

Henderson shares have risen by almost 9% after the group said it expected underlying H1 profit to come in at around £100m, ahead of market expectations.

ON UK GROWTH

ON UK INCOME

Legg Mason Global Asset Management has launched the Legg Mason ClearBridge Tactical Dividend Income fund for UK investors.