Economics / Markets

Towry has added to a growing list of new arrivals, as the firm plans to expand through acquisitions following an aborted float.

The Treasury has warned an independent Scotland could have dire implications for sterling, leaving the UK pound vulnerable to speculators.

The FTSE 100 continued to recover today as banks lifted the index higher on signs that some of the instability in Europe is coming to an end.

Threadneedle parent company Ameriprise Financial is preparing an £800m bid for Scottish Widows Investment Partnership, according to reports.

Ratings agency Fitch has downgraded the UK to AA+ from AAA, citing a weaker economic and fiscal outlook.

A former Honister Partners adviser charged with evading tax was sentenced to 18 month's imprisonment today following a case brought by Her Majesty's Revenue & Customs (HMRC).

People who engage in risky activities in the financial services sector should be forced to take on unlimited personal liability as a deterrent to bad practice, according to the boss of Hermes.

Aviva is to reduce its staff numbers by 2,000 over the next six months - a 6% reduction of the global workforce.

A growing trend towards excessive risk-taking and lack of action to repair broken bank balance sheets could trigger a "chronic" new phase in the financial crisis, the International Monetary fund has warned.

Apple shares have hit their lowest levels in a year and half, after a supplier hinted at a slowdown in iPhone and iPad production.