euro

Fund managers are predicting the downfall of the beleaguered euro, with M&G bond vigilante Richard Woolnough among those forecasting an end to the single currency.

Friday's Fidelity FundsNetwork investment forum featured presentations from some of the biggest names in fund management. Here we bring you the best bits.

British factory production surged ahead at a rate five times faster than expected in March as the weak pound helped revitalise Britain's export trade.

UK EQUITIES

The FTSE 100 has soared in early trading, up 3.35% to 5294.55, as the markets took confidence from this weekend's €750bn rescue deal to defend the euro.

In crisis talks over the weekend, EU finance ministers and the IMF agreed emergency measures worth €750bn to try and prevent contagion from the Greek debt crisis affecting other countries in the eurozone.

After the €110bn bailout of Greece on Sunday, Investment Week brings you a timeline of the country's economic turmoil in 2010.

Greece has agreed to make major austerity cuts in return for a huge 100bn euro bail-out from the eurozone and the IMF.

The FSA is investigating government-backed Lloyds Banking Group and RBS over poor complaints handling.

Barclays Wealth has added multi-currency hedged share classes across its entire Dublin-domiciled GlobalAccess fund range.