Economics / Markets

(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.

Sterling is not gaining safe haven status as some suggest, says Barclays Wealth equity strategist Henk Potts, and it would be a mistake to give up on balanced long-term investing now.

The news this week is truly holistic, with stories on tax, investment, savings, pensions and income protection all likely to get clients reaching for your phone number.

Whilst the president of the European Commission remains upbeat on Europe's economic credentials, the IMF warns of a worrying global downward spiral and RBS faces the prospect of a billion-dollar damages bill. We round up today's papers for you.

The Independent Commission on Banking (ICB)'s plans to ring-fence will have a very limited impact on the UK's economic output, according to Ernst & Young.

Average bonuses for directors of FTSE 350 companies soared by 187% since 2002, despite companies' share prices failing to follow suit, a new report has revealed.

Alistair Darling has launched a scathing attack on Mervyn King's governorship of the Bank of England during the financial crisis - and warned the coalition government's decision to hand more power to the institution is a mistake.

US markets fell over 2% in early trading today on the back of figures showing no jobs were created in August.

Thursday's newspapers almost unanimously report on fears the recommendations of the Independent Commission on Banking could trigger a fresh banking crisis. Here's our round-up of the best of them...

The British Chambers of Commerce (BCC) has slashed its forecast for UK GDP growth this year for the third time as the economy continues to wane.