News

London's leading shares are showing slight gains this morning as a late recovery on Wall Street boosts investor sentiment.

Britain's gross domestic product is expected to have expanded 0.4% in the first quarter of 2010, according to a survey of City economists.

Prudential is planning a secondary listing on the Singapore Stock Exchange in addition to its dual primary listing in Hong Kong.

Ratings agency Moody's has downgraded Greece following news that its budget deficit reached a worse than expected 13.6% of GDP last year.

Colin Morton, a large-cap specialist at Rensburg, has warned UK equity markets could reach dangerously high levels before prices see a correction.

Invesco Perpetual's Neil Woodford is one of a trio of highly regarded managers appointed to run balanced managed unit trusts for St. James's Place.

Phil Doel's £45m F&C UK Select trust will be wound up after failing to beat its benchmark over the past two years.

The Securities and Exchange Commission (SEC)'s charges against Goldman Sachs lend impetus to the call for tighter banking regulation, says Cazenove's Paul Harvey.

UK retail sales rose by a worse than expected 0.4% from February to March, figures from the Office for National Statistics (ONS) show.

UK Government borrowing reached a new peak in 2009-10 but undershot the figure forecast in the Budget.