News

The release of the minutes of the US Federal Reserve Open Market Committee (FOMC) on 21 September show a widespread support for a round of quantitative easing (QE).

City veteran Terry Smith will step down as deputy chairman of Collins Stewart in December.

F&C Investments has launched a European equity fund aimed at providing investors with a combination of income and capital growth.

Jupiter financials specialist Guy de Blonay believes it is only a matter of time before speculators move on troubled European nation Spain.

CPI inflation remained at 3.1% in September but the figure is still well above government targets.

The Monetary Policy Committee (MPC) must inject a further £50bn into Britain's fragile economy to stave off a double-dip recession, the British Chamber of Commerce warns.

Invista Real Estate Investment Management shares have fallen 9% this morning after the group announced plans to wind-up after losing £2.4bn of HBOS mandates.

More than half of Britain's bankers expect to see substantial rises in their bonus payouts this year, according to a survey by eFinancialCareers, the City recruitment agency.

M&G's Simon Bailey is relinquishing control of the £169m Smaller Companies fund next month after almost a decade running the vehicle.

The yield available on European sub-investment grade debt has fallen to a two-year low as the default rate on the Continent continues to run at almost zero.