News

Fears of a financial crisis hitting the UK are at their highest level since the collapse of Lehman Brothers, Bank of England research has revealed.

3.10pm: US markets have shrugged off poor third-quarter GDP results with trading muted early in the session.

Two Scottish Widows UK equity funds and Invesco Perpetual's UK Aggressive fund, run by Stephen Anness, have been dealt a blow after seeing their holdings in Thomas Cook fall almost 75% in value.

The Financial Ombudsman Service (FOS) has revealed the details of a provisional judgement against an IFA who invested clients in Arch Cru.

US GDP was revised down from 2.5% to 2% in the third quarter, the Commerce Department said today.

Swiss bonds were returning a negative yield during trading today as the country's government sold 6 month paper at -0.148%.

Henderson Global Investors' sustainable and repsonsible investment (SRI) team is on the verge of leaving the firm after their funds are to be handed to other parts of the business.

The FSA has deployed the services of Big Four accountancy firm Deloitte to quiz platforms about its proposed ban on fund manager and cash rebates.

The former chief executive of AIG is suing the US government for $25bn for its 'unconstitutional' takeover of the insurer in 2008.

The World Bank has defied many commentators by forecasting China is heading for a soft landing, with growth in excess of 8% next year.