Gordon Brown is to step down as Prime Minister in September and will ask the party to "set in train" a leadership contest to replace him.

National advice firm Moneygate has signed a £50,000 deal to become the official IFA to the Scottish Golf Union (SGU) and its 240,000 members.

Mik Cons, founder of software provider 1st-The Exchange, has been appointed partner for wrap Parmenion after acquiring a share of the firm for an undisclosed sum.

Sesame Bankhall Group has launched an online qualifications tool to help members map out an examination route to be RDR-ready.

The UK's hung parliament on top of the Greek debt crisis weighed heavily on investor sentiment today as the FTSE plunged dramatically in afternoon trading.

David Cameron this afternoon made a "big, open and comprehensive" offer to the Liberal Democrats about the possibility of forming a "collaborative" government.

Greece has won some respite after Germany's parliament voted in favour of the controversial bail-out plan as Chancellor Angela Merkel warned EU economic stability was at stake.

As the UK comes to terms with its first hung parliament in decades, Bestinvest senior investment manager Adrian Lowcock gives his tips on what investors should do with their portfolios.

Royal Bank of Scotland (RBS) has reported operating profits of £713m in the first three months of the year, rebounding from a loss of £1.35bn for the same period last year.

A hung parliament will have a detrimental impact on the progress of the RDR and stall the UK's economic recovery, say advisers.