James Purnell, the work and pensions secretary, has resigned from the cabinet and has told Prime Minister Gordon Brown to 'stand aside'.

Stocks in New York were mixed in early trading on Thursday as fears over the number of US unemployed calmed.

Foreign exchange movements between sterling and the euro mean Premiership clubs have lost out on the likes of Kaka or Tevez since the beginning of the football season.

Sales forces and tied advisers poured the vast bulk of their clients' money into the IMA Protected/Guaranteed sector in April, despite being largely ignored by IFAs who opted to diversify across asset classes.

Investec Structured Products has launched its ninth collection of plans, which includes the Guaranteed and Enhanced Kick-Out Plans.

Life insurers will increasingly look to the workplace wrap market, as their platforms fail to make ground in the individual arena, according to e-business specialists, Dunstan Thomas.

Julius Baer has unveiled its Russia fund to UK retail investors, coinciding with the country's strong recent equity rally.

A decision by Barclays to close its final salary pension scheme to future accruals as part of a review of its pension arrangements has called into question the future of defined benefit (DB) plans.

Temporary rules allowing separate compensation cover for customers with deposits in two merging building societies are set to be extended.

Temporary rules allowing separate compensation cover for customers with deposits in two merging building societies are set to be extended.