News

Hopes that Aberdeen Asset Management could announce a "significant" dividend hike in its forthcoming annual results have sent the group to the top of the FTSE 100 leaderboard.

The manager of the world's largest bond fund has said a Red or Blue victory will not make any difference to the US economy as the effects of monetary policy have already reached their limits.

HSBC is to convert its whole-of-market advisory proposition into a restricted advice model next year, Investment Week understands.

UK think-tank NIESR has revised down its growth forecast for the UK next year, despite a strong third quarter which has seen the economy emerge from recession.

Jupiter's Tony Nutt has opened a new position in BT Group in his £37m split-cap Dividend & Growth trust.

Pension and severance payments totalling £412,000 handed to the former chief executive of the Serious Fraud Office (SFO) have been ruled "irregular" by the National Audit Office (NAO).

Royal Bank of Scotland has posted a pre-tax loss of £1.2bn in the third quarter, as it sets aside a further £400m to cover PPI mis-selling claims.

US stock markets powered ahead after the opening bell as private sector jobs data released today painted a much brighter picture than analysts had expected.

GILTS

Merchant House chief executive Christopher Day has stepped down with immediate effect.