UK inflation dropped below the Bank of England's target of 2% in June for the first time in almost two years, official statistics show.

Cazenove Capital has rolled out a new service for advisers looking to outsource investment decisions.

The Government has brought forward its review of the UK's retirement age, it has confirmed today.

The number of profit warnings issued by UK companies in the three months to the end of June fell to the lowest level since the same period in 2003, a report shows.

Future Capital Partners (FCP) says the business has suffered ‘minimal disruption', despite a massive fire in its offices on Friday.

The Government could withdraw tax relief for more than 3 million pensions savers to plug its budget black hole, Skandia says.

Bernard Madoff will not appeal the 150-year sentence handed to him last week for a $65bn (£40bn) "Ponzi" fraud, reports The Telegraph.

The Bank of England has shocked the City by freezing its quantitative easing programme and keeping interest rates on hold.

Nationwide is offering a 125% mortgage to help existing customers in negative equity.

In London, markets climbed in early trade as insurers recovered from major losses on Wednesday.