Economics / Markets

Hector Sants is to quit the FSA in the summer, and will not become deputy governor of the Bank of England or CEO of the Prudential Regulation Authority.

The UK will lose its AAA credit rating by December, MAM Funds' Simon Callow has said, after Fitch became the second ratings agency to place the economy on negative watch.

Employee-owned companies such as the John Lewis department store could be given capital gains tax (CGT) breaks, under plans being drawn up by deputy Prime Minister Nick Clegg.

A deputy governor of the Bank of England has launched an outspoken attack on new European regulations that he warns could create further financial crises.

Craig Lazzara, senior director of US equities at S&P Indices, explains the truth behind benchmarks and the themes and variations that exist in the fund management industry.

GOOD SHAPE?

Richard Brasher, the chief executive of Tesco's UK operations, is set to step down from his role after one of the most difficult trading periods in the supermarket giant's recent history, according to reports.

The UK's prized AAA credit rating has been put on "negative outlook" by Fitch, the second ratings agency to warn of a possible economic downgrade.

Neil Michael, executive director of investment strategies at London & Capital, explains the tools that can be used to predict volatility and de-risk portfolios.

London's leading share index edged closer to the 6,000 barrier today, as financials put the FTSE 100 on track for its sixth straight session of gains.