Economics / Markets

The UK's public sector debt could be nearly £4trn higher than headline figures suggest, according to new research.

Mike Riddell, a member of the highly-regarded M&G bond team, highlights the worrying aspects of June's inflation 'fall'.

Bank of England inflation hawk Andrew Sentance believes policymakers should start gradually raising interest rates on improving economic conditions.

Hopes of a strong Q2 earnings season boosted investor sentiment on Tuesday, helping the FTSE to triple-digit gains.

UK inflation dropped for a second consecutive month to 3.2% in June, driven by falling petrol and clothing prices, according to the Office for National Statistics.

Plans to double the minimum compensation levels for account holders in the EU to €100,000 if their bank collapses were unveiled today by the European Commission (EC).

BP is gearing up to unveil a $40bn (£26.5bn) defence strategy in the teeth of growing speculation US predators have been given the green light by Washington to swoop on the British company.

The FTSE 100 edged higher in early morning trading, up 0.31% or 15.80 points to 5,148.74.

HSBC, Barclays and RBS are among 15 Wall Street banks accused by a US investment firm of mis-selling a total of $2.4bn (£1.6bn) in mortgage-backed securities.

Chancellor George Osborne is considering dropping the Pre-Budget Report from the coalition Government's roster of economic events.