Economics / Markets

The FTSE continued to make huge gains in afternoon trading, reaching its highest level since late March after the Federal Reserve unveiled its third round of quantitative easing.

Billionaire investor George Soros has said the eurozone crisis will only be resolved when Germany "wakes up" and realises it is to blame for introducing a single currency in the first place.

Experts have questioned how effective the latest round of quantitative easing (QE) in the US will be, with the chances of success "finely balanced".

The salary and pension deal for the next governor of the Bank of England is still 'undecided'. the BBC reports.

The Federal Reserve has unleashed a third round of quantitative easing (QE) to support the US economy following a wave of poor data and a weakening labour market.

The Treasury Select Committee (TSC) is to appoint specialist advisers to oversee the drafting of a report by the Financial Services Authority (FSA) into the failure of HBOS.

CRUNCH TIME

SECTOR REPORT

OUTSOURCING

The euro hit a four-month high today against the US dollar after German lawmakers said the country can now approve Europe's rescue fund.