Economics / Markets

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.

The FTSE 100 has fallen 1.2% this afternoon as eurozone debt fears and reports of hostilities between North and South Korea continued to dent investor sentiment.

The US economy grew at 2.5% in the third quarter, a faster rate than previously estimated.

Tensions over banking policy between the Chancellor and the Business Secretary sparked back into life yesterday after Cable issued a strongly worded statement in response to Osborne's hint the reforms could toned down.

The FTSE 100 opened down 1% this morning following sharp falls across most global markets on fears the Irish debt crisis could spread to other European countries.

The FTSE 100 fell almost 1% this afternoon, reversing early morning gains, due to rising political uncertainty in Ireland.

Schroders' Richard Buxton expects the UK stock market to climb by as much as 25% next year.