UK

Three advisers argue the case for investment trusts and reveal some of their favourites.

Suzi Edwards, senior manager in the Deloitte Stamp Tax Consultancy, examines the potential success of the proposed UK contractual fund against its European competitors for UK stamp tax purposes.

RESEARCH

Aberdeen's global equity fund specialist Bruce Stout, manager of the £1bn Murray International trust, has warned investors should be preparing for a decade of no growth in developed economies.

ON UK GROWTH

ON UK INCOME

The UK economy is perpetually subjected to shocks and pressures, rendering hopes of maintaining financial stability indefinitely "over-optimistic", Monetary Policy Committee (MPC) member Paul Fisher said last night.

Shares in beleaguered video games retailer GAME plunged by two-thirds in early trading after it warned shareholders stakes may be worthless.

Legg Mason has added a fixed income fund to its UK onshore range, to be run by its US-based subsidiary Brandywine Global.

Britain's leading banks are facing allegations of mis-selling complex interest rate protection protection products to hundreds of small businesses.