Economics / Markets

Market participants are expecting interest rates in the UK to remain on hold until late 2014, according to Bank of England policymakers.

Axa is introducing faster pension transfers as part of a number of service upgrades to its Secure Advantage range.

Martin Weale voiced fears over "persistent" inflation yesterday in a hawkish speech underlining the growing splits at the Bank of England over the path of monetary policy.

Gujarat, once the driving force of Indian independence, is now set to lead the country's investment story, writes Ewan Thompson, investment director and head of emerging market equities at Neptune.

The 50p top rate of tax is damaging the economy and reducing government income, according to a letter signed by more than 500 business leaders.

Sunday Times economics editor David Smith will join fund managers including Henderson Global Investors' Bill McQuaker to tackle the concept of investing in volatile markets at an upcoming industry forum.

European banks have borrowed €529bn from the European Central Bank (ECB) in the second tranche of its three-year long-term refinancing operation (LTRO), asking for more support than forecast.

US GDP for the fourth quarter of 2011 has been revised up from 2.8% to 3%.

Quantitative easing (QE) will not have a significant impact on pensioner incomes, Charles Bean, deputy governor of the Bank of England (BoE) has claimed.

Henderson Global Investors is raising its dividend after reporting a 58% profits jump in 2011, even with the cost of the Gartmore integration impacting results.