State investment in British business will be cut by £636m this year, as Chancellor George Osborne seeks to drive a "private sector recovery".

The FTSE 100 sunk below the psychologically-crucial 5,000 point mark for the first time since October 2009 today after Germany's parliament approved the country's contribution to a €750bn eurozone rescue deal.

A band of 28 ex-Park Row advisers will next week begin legal proceedings against their former employer, claiming thousands of pounds in compensation for loss of earnings.

The FSCS has paid investors back on tax claims relating to Lifemark ISAs.

PruProtect's annual premium income increased 141% in the first quarter of 2010 compared to the same period a year ago.

The FSA has banned and fined a share-ramping stockbroker £2.8m in its biggest ever penalty against an individual.

Advisers are divided over how and when to deal with a potential "double tax hit" expected to be announced in an emergency Budget on 22 June.

The CEO of Rolls-Royce has sold nearly half his shares ahead of an expected capital gains tax (CGT) rise which has prompted open rebellion from grassroots Tories.

The FSA has arrested a man for insider dealing in a dawn raid on a property in East London.

Insurer Royal Liver has put a possible takeover deal by Royal London on the table to members at the Groups' AGM.