The UK savings crisis can be partly attributed to the lack of any government-led savings policy, a report by the Institute of Directors (IoD) argues.

Shares in AIM-listed Merchant House Group (MHG) have been temporarily suspended pending the outcome of a review into whether it has sufficient working capital.

Labour has been defeated in its efforts to block controversial plans to freeze age-related income tax allowances for pensioners.

FAIR?

Wealth manager Hargreaves Lansdown has reported a new record for assets under administration despite an expected slowdown in investor activity and increased competition.

Allianz Global Investors is to launch a range of risk-rated multi-asset funds in response to growing demand for "outcome-orientated" solutions.

FREDDY!

National Savings & Investments (NS&I) has announced it "does not expect" to reintroduce its popular Index-linked Savings Certificates in the current financial year.

Reports suggesting Bank of Canada governor Mark Carney was being lined up to replace his Bank of England (BoE) counterpart Sir Mervyn King have been denied.

The government's "loose" monetary policy of quantitative easing (QE) and low interest rates is diminshing retirees' income, a report by MPs concludes.