Economics / Markets

Dwarf tossing on Wall St, work experience at the FSA and an unfortunate pensioner. It's IFAonline's slightly leftfield round-up of the week.

Fresh fears of eurozone debt contagion hit global markets today, with the largest European indices suffering large losses.

The Treasury Select Committee (TSC) has expressed doubts about the coalition government's programme to aid Britain's economic recovery by slashing public sector spending.

Losses in Asia, a lack of direction from Wall Street, where traders sat out Thursday's session for Thanksgiving, and falling resources stocks have made for a poor start for the FTSE 100.

Negotiations to reduce bank bonuses have been hit by the withdrawal of Standard Chartered from talks with the government.

Lord Myners, the former City minister, has called on the Chancellor to prove his claim Britain was "on the brink of bankruptcy" before the coalition government took over in May.

An Ipswich-based IFA this week staged a one-man protest against Chelsea Building Society for what he insists are 'misleading' claims about its investment products.

Ireland was last night poised to nationalise its two biggest banks as the country continues to be battered by the financial crisis.

The Irish government has announced plans to save €15bn over the next few years to tackle the country's debt crisis.

The FTSE had a volatile start to the day's trading as fears over conflict between North and South Korea hit gobal markets.