Economics / Markets

Consumers will go on spending more money on non-essentials if inflation continues to drop, a senior economist has said.

FIVE THINGS

Cheshire-based financial advisory group Perspective is understood to have put itself up for sale ahead of the Retail Distribution Review (RDR).

The double-dip recession which has plagued the UK for the first half of 2012 should officially end later this week, economists are predicting, as the impact of the Olympics and the Jubilee kick-in.

The Financial Services Authority (FSA) "should and could" have intervened in the Royal Bank of Scotland's (RBS's) ill-fated acquisition of ABN Amro, a damning report by the Treasury Committee concludes.

Rowanmoor Group has reported its largest yearly increase in scheme take-up in its six years of trading.

WHAT'S HOT?

A new paper, 'Buffett's Alpha', claims to have identified the main factors that have driven Warren Buffett's extraordinary record in investment.

A man has been arrested for plotting to detonate a bomb in front of the Federal Reserve in New York, following a sting operation conducted by US authorities.

Merchant House has said the "complex" process of re-authorising advisers following its acquisition of IFA group Clarkson Hill in 2010 was a big contributor to group losses of £5.6m last year.