The Bank of Russia has taken steps to halt the collapse of the rouble, as the currency continues to hit new record lows against the US dollar and the euro on falling oil prices.
Veteran US bond manager Bill Eigen said he has never been so nervous about fixed income markets during his entire career, which spans more than three decades.
Investment limits for Social Impact Tax Relief are to be trebled from £5m to £15m per company, Chancellor George Osborne announced in the Autumn Statement.
Chancellor George Osborne announced a raft of fiscal changes today in the final Autumn Statement of the current parliament.
The government has said it will introduce seeding relief for property authorised investment funds (PAIFs), allowing such funds to launch without incurring stamp duty.
Venture capital schemes were given a boost in today's Autumn Statement as Chancellor George Osborne announced he would make it easier for companies to access tax-advantaged schemes.
The amount of profit in UK banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts will be delayed, the Chancellor has announced.
Renewable energy companies will no longer be able to give investors relief under venture capital scheme rules, George Osborne has announced in today's Autumn Statement.
The Chancellor will raise the personal allowance threshold to £10,600 in the next year, £100 more than the initially planned £10,500.
The government is to crack down on investment managers "disguising guaranteed fee income as capital gains", as part of anti tax avoidance measures outlined in the Autumn Statement.