News

Jim Rogers, the renowned investor, has called for US President Barack Obama to take a chainsaw to the country's debt, before it becomes the next Greece.

David North, Legal & General Investment Management's head of asset allocation and high yield, has taken extended sick leave.

Sir John Gieve, the former deputy governor of the Bank of England, has called for the MPC to scrap plans for further quantitative easing or else risk a 20% devaluation in sterling and higher inflation for longer.

The UK economy officially grew by 0.5% in Q1, according to the Office for National Statistics'(ONS) third and final estimate for the period.

The FSA has acted against an individual suspected of involvement in an unauthorised collective investment scheme (UCIS).

Britain faces a wave of home repossessions when interest rates begin to rise again, one of the country's leading bankers has warned.

The FTSE 100 is edging towards 5,800 early on amid a wave of optimism Greece will pass its five-year austerity plan.

A former Citigroup vice president has been charged with stealing more than $19m (£12m) from the bank in what a U.S. prosecutor called "the ultimate inside job."

Old Mutual Asset Manager's Stewart Cowley and Fidelity's Trevor Greetham have clashed over the success of the measures being undertaken to aid the recoveries in the UK and US.

US markets got off to a mixed start Monday as European nations continued to debate the future of Greece.