UK

ON AA

PENSIONS

Yields on UK gilts jumepd in early trading as investors reacted to the threat of a possible downgrade of the UK's AAA rating.

Markets have slipped into the red in early trading as Moody's negative outlook for the UK's AAA credit rating weighed on sentiment.

PSigma's Bill Mott has warned earnings growth forecasts for UK companies are far too high, while equity markets have reached a peak and are set for a correction.

Stephen Peters, investment trust analyst at Charles Stanley, investigates some of the top performing American trusts

Poor results from companies such as Unilever, AstraZeneca and Shell last week showed the valuation gap between defensives and cyclicals is closing in a "vicious" fashion, according to JO Hambro Capital Management's James Lowen.

BONDS

BONDS

GOSLING'S GROUSE