UK

IS THE UK A SAFE HAVEN?

Jonathan Polin is to join Ashcourt Rowan as group CEO on 2 September.

Henderson made a pre-tax loss of £3.1m in the six months to 30 June, compared to a £41.6m profit in the first half of the year, partly due to Gartmore-related expenses.

WHERE NEXT FOR EQUITIES?

LV= Asset Management said it expects to see some staff redundancies as it finalises its deal to outsource the management of its funds to Threadneedle.

George Osborne and Vince Cable are set to go head to head over the Vickers' report into banking reform, as they debate the timetable for ringfencing retail banking operations.

Jeremy Thomas is manager of the Allianz RCM UK Growth fund......

Standard Life Investments' Ed Legget has bought into Barclays in both his £447m UK Equity Unconstrained and £67m UK Equity High Alpha funds to take advantage of its depressed share price.

Income sector heavyweights return to form after paying the price for anti-cyclical stance.

HOW THE US DOWNGRADE WILL HIT INVESTORS