News

Lloyds Banking Group chief executive António Horta-Osório said he will not take an annual bonus for 2011, a year in which the company's shares fell by 60%.

The UK economy is edging dangerously close to recession with business turnover declining for the seventh consecutive month in December, according to the latest business trends report.

Most investors would be better off using index funds than active managers, but high quality corporates can still prosper in 2012, according to Terry Smith.

Continued pressures on the eurozone and an environment of falling inflation will prompt the ECB to lower interest rates from 1% to 0.5% this year, according to M&G's Stefan Isaacs.

Thames River has hired UBS head of credit trading Brett Golledge as part of a revamp of its credit team which will also see COO Chris Currington and manager Mehrdad Noorani leave the business.

The Treasury Select Committee (TSC) today highlights the FSA's swift dismissal last year of a proposal to delay the introduction of RDR as evidence of accountability and culture failings at the regulator, and said the same problems must not "plague" its...

Kashya Hildebrand - the wife of Switzerland's former central bank chief - has made a TV apology to the Swiss people and her husband for the $504,000 (£324,067) currency transaction that led to his resignation.

The British economy just managed to achieve growth in the fourth quarter of 2011, according to the National Institute of Economic and Social Research (NIESR).

Schroders Richard Buxton has revealed the top ten stocks he is backing in his £2.7bn UK Alpha Plus fund heading into 2012.

Ardevora's Jeremy Lang and William Pattison have added an extra £2m of their own capital to their funds on a "reasonably bullish" view on equities.