The FTSE continued to slide in Tuesday trade as ongoing concerns over the eurozone and political tensions in Korea weighed heavily on investors.

US markets opened lower today amid investor concerns over the eurozone and political turmoil in Korea.

National IFA Cavanagh Group has reported pre-tax profits of £782,000 for 2009 and has outlined plans to develop a wealth management platform.

Advisers think the coalition government is positive - although doubts remain over its ability to deliver on key issues including taxation.

Child trust funds (CTFs) have been axed as part of £6.2bn Government cuts.

Short-term speculators should bear the burden of the capital gains tax (CGT) hike announced yesterday by the coalition Government, says Fidelity.

Savvy advisers have already been preparing for the hike in capital gains tax (CGT) - confirmed by the Government yesterday - recent research suggests.

Leading City experts have started raising the prospect of "Great Depression II" amid worries the European economic crisis could trigger a deeper bout of chaos.

The FTSE closed on Thursday deep in negative territory after German Chancellor Angela Merkel stepped up calls for tougher regulation of banks and financial markets.

Capital gains tax (CGT) will rise and a cut in inheritance tax (IT) will be put on the back-burner as part of the Government's overhaul of the taxation system.