Economics / Markets

The Governor of the Bank of England has said the financial crisis is "far from over" as he joined fellow central bank chiefs, including Ben Bernanke, to discuss economic policy.

The S&P 500 is on the verge of passing its all-time closing high after rising as much as 0.5% in early trading.

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Cyprus has agreed a €10bn bailout deal that will force large losses on some big deposit holders but avoids a controversial levy on all bank accounts.

Tenet Group has said it will save the 70 advisers affected by Merchant House Financial Services (MHFS) being put into administration.

BUDGET 2013

ONE-PAGE BUDGET

Labour's Ed Balls has called on the Chancellor to make a swift economic U-turn following yesterday's Budget speech.

Financial services firm True Potential says the Budget has underlined the ineffectiveness of cash savings.

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