Economics / Markets

Britain is on track for a triple dip recession, one of the nation's leading forecasters has signalled, as new figures on the UK's manufacturing industry dealt a blow to recovery hopes and sent sterling crashing to a fresh two-and-a-half year low.

Fears that the UK is heading for a triple-dip recession appear to have been confirmed by worse-than-expected January manufacturing data, analysts have suggested.

Investors question whether gold has lost its shine as China growth picks up and US shows signs of recovery...

Billionaire Wall Street hedge fund titan John Paulson is reportedly planning to move to Caribbean island Puerto Rico to cut his tax bill.

Lloyds Banking Group has put a 20% stake in wealth manager St James's Place (SJP) up for sale.

High net worth (HNW) investor confidence is at its highest level in three years, according to the DeVere group.

FIVE THINGS

The Commission on Banking Standards has told the government its plans to reform the UK's banking sector are not strict enough.

The Euro Group's new president has warned the UK could be facing a "new sterling crisis" as concerns grow over the state of public finances.

Barclays chief executive Antony Jenkins has suggested the growing automation of the banking system could result in massive job losses over the next ten years.