UK

Standard & Poor's (S&P) has reaffirmed its AAA credit rating for the UK and forecasts the government's net debt burden will peak next year.

Among Investment Week's best read news stories last week were the discovery of a new acroynm; George Osborne's shock over tax dodging revelations; and a list of the funds that would have served you well in the first quarter.

Worse than expected UK trade deficit data for February suggests net trade will have been a drag on GDP growth in the first quarter, according to Capital Economics.

ON UK GROWTH

REGULATION

Economists have suggested scrapping bank holidays in the UK in order to boost the country's sturggling economy by as much as £19bn a year.

ITs

GAME Group administrators have announced 333 of its UK shops that are still open have been sold to private investment firm OpCapita.

JO Hambro Capital Management (JOHCM) is to launch a Global Opportunities fund for Ben Leyland, manager on the top-performing UK Opportunities fund, by the end of Q2.

THE BIG QUESTION