News

A Greek minister has resigned over the austerity measures agreed earlier today which were required for debt-laden country to receive a €130bn bailout and avoid default.

The Bank of England's Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK's ailing economy.

Société Générale global strategist Albert Edwards has said Bank of England governor Mervyn King and former Federal Reserve chairman Alan Greenspan should be stripped of their knighthoods in light of the same fate befalling Fred Goodwin.

Chinese inflation jumped in January after a straight run of five monthly declines due to seasonal factors.

Fidelity is set to expand its multi-asset fund range with the launch of the Multi-Asset Income fund for managers Richard Skelt and Eugene Philalithis.

Hargreaves Lansdown shares fell sharply in morning trading as investors looked past record profits to focus on slowing business growth.

The Bank of England is expected to pump another £50bn of quantitative easing into the UK economy today, in a bid to tackle the latest downturn.

Hargreaves Lansdown today said it delivered record underlying profits of £72m in the second half of last year.

Coping with market volatility has become a pressing need for US equity managers since the start of the financial crisis, but which companies have proved themselves capable of riding out the storm?

Shares across Asia dropped overnight as the ongoing Greek debacle continued to hit sentiment.