News

An independent Scotland would be forced to write the rest of the UK a £143bn IOU for national debt, according to the National Institute of Economic and Social Research (NIESR).

The Royal Bank of Scotland has agreed a deal to scrap its Dividend Access Shares, bringing the resumption of dividend payments by the bank much closer.

Nikko AM has cut its stance on global equities to neutral for the first time since 2011, citing growing geopolitical risks.

Premier Asset Management has expanded its multi-asset team with the appointment of Nick Kelsall.

Hargreaves Lansdown received almost 3,200 complaints in the second half of last year, figures published by the Financial Conduct Authority (FCA) show.

Japan's Nikkei index has fallen another 2% after central bank governor Haruhiko Kuroda said there was no need for additional monetary stimulus to offset a recent sales tax hike.

The International Monetary Fund (IMF) upgraded its UK GDP forecast and now predicts the country will see stronger growth than any other G7 economy this year.

M&G's Richard Woolnough has said the spectre of deflation emerging across Europe is a positive in the current environment, adding central banks should be comfortable with this development.

Non-exec directors at the Financial Conduct Authority (FCA) have appointed Simon Davis, a partner at Clifford Chance, to conduct an independent inquiry into the handling of its proposed investigation into life insurance contracts.

The UK's FTSE 100 index has fallen another 1% today as concerns over US tech companies and a variety of stock-specific issues hit returns for a second day running.