The employment rate in the UK rose 0.3% or 184,000 between the first and second quarters of this year, the largest quarterly increase since 1989.
The Bank of England is today expected to lower its economic growth forecast for the UK and raise its expectations for inflation next year.
European markets are in retreat this morning on fresh fears for global growth sparked by a gloomy outlook from the US Federal Reserve.
Commerzbank is due to launch ComStage ETFs in the UK for the first time next month.
US treasury yields have fallen to a 16-month low after the Fed last night outlined plans to resume its stimulus programme.
Standard Life Investments more than doubled its UK mutual fund net inflows in the first half, achieving net sales of £713m over the six-month period.
Rumours are escalating in the City that fund manager Gartmore could be ripe for a takeover approach, as its share price languishes more than £1 below its December 2009 flotation price.
The Federal Reserve plans to reinvest principal payments on its mortgage holdings into long-dated treasuries in an effort to revive the stuttering US economic recovery.
US stocks opened sharply lower today as investors await a crucial statement from the Federal Reserve which could signal further quantitative easing measures.