sterling

Legal & General Investments (LGI) is set to launch an index fund linked to the highest quality issues in the sterling corporate bond market at the end of the month.

Sterling has been backed to extend gains against the euro despite rising to a three-and-a-half-year high this week, as investors' fears over the future of the eurozone play out in money markets.

James Henderson of Henderson Global Investors explains how UK-based manufacturing companies are leading the way with new and innovative product ideas.

CURRENCIES

April UK retail sales have come in well below forecast as Bank of England minutes have revealed many MPC members are considering voting for further quantitative easing.

Our most read stories of the week featured a look at how sterling's rise is affecting the UK, the FSA's latest action over Arch cru, and Hugh Hendry and Albert Edwards warning on two imminent crises.

RBS has revised its Bank of England forecasts, scrapping its prediction of further QE and forecasting an initial hike in UK interest rates in the second quarter of next year.

HSBC's global research team has suggested US economic data is in ‘Death Valley': not weak enough to guarantee more quantitative easing but not strong enough to be self-sustaining.

Wall Street fell on the opening bell, building on losses seen in European markets today as macro fears dampened sentiment.

Walker Crips managers Jan Luthman and Steve Bailey have increased their exposure to companies operating in emerging markets in anticipation of further falls in sterling.