News

Starting valuations for UK stocks and increasingly negative equity sentiment point to the beginnings of a new bull market, according to Schroders' Richard Buxton.

Credit rating agency Fitch has downgraded Argentina and said the country would probably default on its debt obligations.

The Financial Services Authority(FSA) is planning to delay the release of the final rules for platforms until early 2013, Investment Week can reveal.

Barclays is the most attractively valued UK bank, offering the best potential for growth if it restructures its investment banking division, according to J.P. Morgan Cazenove.

7IM's Alex Scott has begun switching out of corporate debt in favour of Spanish and Italian bonds on a large proportion of the group's funds, ahead of any rise in government bond yields.

Scottish Widows Investment Partnership (SWIP) has expanded its wholesale sales team with a double hire and finalised its RDR investment offering.

Eurozone leaders have agreed a plan by the Spanish authorities to restructure four of its major banks.

Merchant House has withdrawn its listing on the AIM exchange after it was unable to raise sufficient funding.

Sir Mervyn King, the Bank of England's Governor, told the Chancellor that £37bn cash the Treasury claimed from the QE programme will not help the UK's finances.

Malcolm Kerr, executive director in Ernst and Young's financial services division, gives his top predictions on what the world will look like from January 2013 and for the next four years.