Economics / Markets

The FTSE 100 advanced 0.67% or 38.68 points to 5,771.51 as investors responded positively to news Ireland has agreed to a bailout.

European stock markets fell this afternoon as China raised its bank reserve rate for the second time in a week in a bid to control inflation.

Legg Mason's chairman Bill Miller has slammed investors for ignoring the advice of ‘Sage of Omaha' Warren Buffett.

The Irish government will not raise the country's low corporation tax rate in return for an EU-led bailout, as a French official said some view the rate as "almost predatory".

The UK's economic growth will be 'subdued' in 2011, held back by fiscal tightening and weak real income growth, according to a new OECD report.

Dubbed 'Nobel Prize-winning economic information' by one reader yesterday, you simply MUST watch this YouTube clip.

The FTSE took its early lead from strong gains in Asia rather than muted US markets, up by 0.5% to 5,723.51.

A team of EU and IMF inspectors will arrive in Ireland today to take a closer look at the nation's banking system and prepare for a possible €80bn bailout.

The Bank of England's nine-member Monetary Policy Committee (MPC) was split three ways over the direction of monetary policy at their November meeting, according to minutes of the gathering.

European Council president Herman van Rompuy warns the euro and wider EU face a "survival crisis" as the continent's sovereign debt crisis escalates.