UK

The UK fund management industry faces complete transformation if the financial transaction tax - or Tobin tax - is implemented, commentators have warned.

As Brazil overtakes the UK as the world's sixth largest economy, Maria Merricks looks at the key drivers behind its investment potential.

The UK economy is edging dangerously close to recession with business turnover declining for the seventh consecutive month in December, according to the latest business trends report.

Schroders Richard Buxton has revealed the top ten stocks he is backing in his £2.7bn UK Alpha Plus fund heading into 2012.

ON AA

The UK economy has "significantly weakened" with domestic demand at a two-year low, but a recession is not inevitable, the latest quarterly survey by the British Chambers of Commerce (BCC) concludes.

Reckless bank chiefs who damage the economy could face jail sentences under new measures under consideration by the government.

Fund launches reached a decade low last year as groups held back new products in the face of market volatility.

REGULATION

The coalition government is to abandon plans to scrap the 50p top rate of tax despite rising pressure from business leaders.