Economics / Markets

Invesco Perpetual has implemented a dilution adjustment to the price of Neil Woodford's Income and High Income funds, moving to bid pricing on both portfolios after a recent surge in outflows.

The UK economy will grow by 1.4% this year, thinktank the National Institute of Economic and Social Research (NIESR) has forecast.

The UK will be the fastest-growing Western economy next year, according to a survey by accountancy firm Grant Thornton.

The US Federal Reserve hat yet again kept its bond buying programme unchanged, in a move that signals a less optimistic outlook for US economic growth.

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UK GDP growth was 0.8% in the third quarter of the year, according to the first estimate from the Office for National Statistics (ONS).