UK

The lack of effective political leadership, combined with renewed fears about global growth, resulted in the retreat to perceived ‘safe havens' gathering pace in August.

Neil Woodford said he has been completely ‘unsurprised' by the market sell-off and is no more concerned about the macro outlook than before the recent period of hightened volatility.

CPI inflation surged to 5.2% in September, equalling a record set in 2008, the Office for National Statistics (ONS) said today.

Capital Economics has said the eurozone debt crisis will have "severe adverse effects" on the UK economy, pushing it back into recession in 2012.

Peter Meany, manager of the First State Global Listed Infrastructure fund, reveals the positive drivers for the sector in the months ahead.

Ernst & Young has downgraded its forecast for UK gross domestic product (GDP) to just 0.9% this year - significantly below the 1.4% it predicted three months ago - as it described the economic situation "worse than we thought".

Paul Read and Paul Causer's £130m City Merchants High Yield trust is considering moving offshore for tax reasons, despite imminent rule changes designed to improve the competitiveness of the UK as a domicile.

INSURANCE UPDATE

£75BN MORE QE

About 4,000 people are planning a mass demonstration outside the London Stock Exchange to protest against "financial injustices", in a move to expand the Occupy Wall Street demonstrations that began in New York.