Economics / Markets

The S&P reached a further record high at closing yesterday, as disappointing economic data coming out of the US alleviated fears of an interest rate rise in the near future.

Richard Woolnough, manager of the £24bn M&G Optimal Income fund, says he is at a loss to understand why the US is holding off on raising interest rates.

The Chancellor George Osborne is set to take the unusual step of delivering two Budgets in the same year after announcing plans to keep the promises the Conservatives made prior to winning the general election.

Renowned economist and coiner of the acronym 'BRICs' Jim O'Neill is to become a Treasury minister in the new government.

Optimistic UK investors expect to achieve 8% returns over the next 12 months despite most eyeing low risk-low reward assets for their portfolios, according to research.

ShareSoc, the UK proxy group for individual shareholders, has launched an action group to represent the interests of unhappy Alliance Trust investors and urge the board to launch a strategic review.

Bracing for a Brexit? Six wealth managers' post-election analysis

Banker's Umbrella's election message: Be grateful you're not Finnish

Fund managers give their views on the key issues impacting global asset classes and outline how they are positioning portfolios.

Labour leader Ed Miliband, Lib Dem head Nick Clegg and UKIP's Nigel Farage have today all resigned as their parties look to have suffered election defeat at the hands of the Conservatives.