The OECD has downgraded its outlook for the UK economy, saying Britain will miss out on an early global recovery.

Almost one in 10 applications for top jobs in large financial services firms, including banks, have been shelved since the FSA began to vet candidates for senior management positions.

US stocks pushed ahead in early trading on Tuesday after a report showed a revival in manufacturing activity in August following a year and a half of contraction.

Mortgage repayments outstripped new lending for the first time since records began in July, figures from the Bank of England (BoE) show.

UK blue chip shares fell following the Bank Holiday weekend as investors locked in profits from miners.

House prices in England and Wales rebounded at the fastest rate for five years in July, Land Registry figures show.

The UK economy shrank by less than previously forecast between April and June, according to the Office for National Statistics (ONS).

Firmer commodity prices lifted mining stocks and led the FTSE higher on Friday following two sessions of losses.

Investors in structured products sold through collapsed provider Keydata may have to wait another month before finding out if they are eligible for compensation.

AXA Winterthur Wealth Management is calling on the FSA to clarify the position under the new RDR framework for financial advisers who have already reached QCF Level 4.