Economics / Markets

EUROPE

Prime Minister David Cameron has warned the UK is facing an "hour of reckoning" in his speech to the Conservative Party conference.

European shares have opened lower for the third consecutive day after Japan led Asian indices lower overnight.

The UK is out of recession and had its strongest quarter in two years over the three months to September, according to NIESR.

The UK economy is going through a "slow and difficult healing process" but there are positive signs for the future, the Prime Minister has said.

Chancellor George Osborne's proposed tax-free share plan is set to face fierce opposition from European politicians, despite strong support at home.

The International Monetary Fund (IMF) has told the UK to prepare to revise its economic strategy if growth continues to disappoint, the FT reports.

A large number of applicants hoping to become the next Bank of England (BoE)governor are from India, including one who is serving a prison sentence, The Times reports.

OBSR founders Richard Romer-Lee and Nigel Whittingham have left Morningstar OBSR to take a career break from the industry.

Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.