The government is set to agree to sell some £450m of Northern Rock loans to American private equity firm JC Flowers, according to reports.
Sterling and gilt yields have jumped this morning after the latest Monetary Policy Committee minutes revealed Mark Carney and all other MPC members voted against more QE in July.
The True Potential group of companies has boosted its pre-tax profit by 56% for the half year 2013 compared with the same period last year.
The £1.5bn rescue financing of the Co-operative Bank by its parent will come at the cost of hundreds of jobs, according to reports today.
Today's inflation figures are a warning light on the UK economy's dashboard, according to stockbroker MB Capital trading director Marcus Bullus.
UK CPI inflation rose from 2.7% to 2.9% in June, with the largest upward contributions coming from petrol, clothing and footwear.
JP Morgan multi-asset income fund manager Olivia Mayell gives a run-down of the seven investment and economic themes she sees emerging - from interest rates to global equities.
Top economic forecasters are predicting an export boom for Britain next year that would provide a powerful pre-Election boost for George Osborne.
Federal Reserve chairman Ben Bernanke last night moved to quell fears there will be a quick exit from its quantitative easing (QE) programme in the coming months, arguing the US economy is not yet in a strong enough position to halt stimulus measures....