Chancellor Alistair Darling is understood to be close to temporarily abandoning the Government's fiscal rules rather than changing them when he presents his pre-Budget report later this autumn, The Independent reports.

The US Government staged the world's largest financial bail-out last night, nationalising stricken mortgage companies Fannie Mae and Freddie Mac.

Trigold has revealed six additional dates for its business academy for intermediaries.

With markets lurching around like a ‘tired' uncle at a family wedding, the structured product market is suddenly teeming with new products and providers.

After another bad day for mining and resources companies, the FTSE has tumbled 121.40 points (2.26%) to end 5240.70.

Pensioners are failing to utilise the full benefits of equity release, former Cabinet member David Blunkett says.

Most UK properties are taking more than 90 days to sell indicating a major stagnation in the property market, research shows.

The Investment Management Association (IMA) has called for further consultation and analysis before the FSA publicly discloses further firm-specific information.

Close Brothers has announced that sales and marketing director Roland Kitson is set to leave the firm.

Jupiter Asset Management has launched a Luxembourg-authorised Sicav fund of funds, to be run by its successful John Chatfeild-Roberts-led multi-manager team.