Asset Allocators' Soapbox: The problems with P/E and P/B ratios
UK-based financial services firms have grown at their fastest rate since 2007 and are set for further growth in the coming periods, according to research.
The Office for National Statistics has revised second quarter growth figures in the UK up from 0.8% to 0.9% in its final estimate.
Famed fixed income investor Bill Gross is leaving PIMCO, the company he co-founded, to join global investment house Janus Capital Group.
Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.
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The Financial Conduct Authority will conduct an investigation into Tesco after the firm overstated its estimated half-year profits by £250m.