UK

Chief executive of the Prudential Regulation Authority (PRA), Andrew Bailey, has said it is "more than odd" that the top bosses in control of failed banks have avoided formal charges.

A former HBOS banker who signed off the firm's financial accounts in years leading up to its collapse collected £143,000 last year from life company consolidation vehicle Resolution.

Two of the largest pharma stocks in the UK market could have 30%-50% upside from here, according to Schroder income duo Nick Kirrage and Kevin Murphy.

ON UK GROWTH

Our ten most popular stories of this week were something of a mixed bag - readers wanted to know which were the most popular funds of Q1, why equity valuations could be misleading, and who was the latest high profile hire at Ashcourt Rowan.

Andrew Wells, Fidelity's global CIO for fixed income, has said this year will be about the hunt for income, but warned low interest rates and low growth will be dangerous for investors.

The dollar bear market witnessed over the past ten years is finally over, according to Fidelity's chief investment officer Dominic Rossi.

Standard Life Investments (SLI) has closed down six manager of managers funds it had outsourced to Wilshire Associates.

Neptune manager Mark Martin is backing niche medical companies to outperform the UK's mid-cap sector this year.

Marks & Spencer has reported a slight rise in sales in the first quarter of the year, lifted by its food business, although sales of clothing continued to fall.