Economics / Markets

Shares in the US closed sharply lower on Thursday - with some indices hit by the worst one-day percentage falls since late June - as positive jobs data sparked fears the Federal Reserve will move earlier than expected to taper its quantitative easing...

Fitch Ratings has said any potential break-up of Royal Bank of Scotland (RBS) is 'unlikely' as the costs and risks would outweigh the benefits.

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Sterling rose against other major currencies this morning after the minutes from Monetary Policy Committee (MPC) meeting showed most members backed Mark Carney's forward guidance policy on interest rates.

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Most members of the Bank of England's Monetary Policy Committee (MPC) backed their new governor's policy of forward guidance on interest rates, minutes from the Committee's latest meeting show.

Reading-based Beaufort Asset Management has appointed a new adviser and a marketing manager.

The 18-month double-dip recession in the eurozone is expected to end today as official figures from Brussels are due to show a return to growth for the three months to June, the Guardian reports.

Financial services group Resolution helped push the FTSE 100 index higher this morning after better-than-expected half-yearly results.

The UK's headline inflation rate fell back to 2.8% in July, matching analysts expectations, the latest data has revealed.