UK

Neil Woodford said he has been completely ‘unsurprised' by the market sell-off and is no more concerned about the macro outlook than before the recent period of hightened volatility.

Crispin Odey favourite BSKyB saw profits surge in the first quarter of its financial year, despite continuing pressure on consumers, as it prepares to buy back £750m of shares.

CPI inflation surged to 5.2% in September, equalling a record set in 2008, the Office for National Statistics (ONS) said today.

Low-profile F&C manager says attracting investors to mid-caps tough in current climate.

Ernst & Young has downgraded its forecast for UK gross domestic product (GDP) to just 0.9% this year - significantly below the 1.4% it predicted three months ago - as it described the economic situation "worse than we thought".

Top performing UK fund managers including Ed Legget at Standard Life Investments and PSigma's Bill Mott have been buying up mining stocks in recent weeks following a major market sell-off.

Paul Read and Paul Causer's £130m City Merchants High Yield trust is considering moving offshore for tax reasons, despite imminent rule changes designed to improve the competitiveness of the UK as a domicile.

UK firms will see their dividend payouts hit £67bn this year, an 18% rise on 2010, according to the latest Dividend Monitor from Capita Registrars.

ON UK GROWTH

£75BN MORE QE