Economics / Markets

The FSA is investigating government-backed Lloyds Banking Group and RBS over poor complaints handling.

The FTSE 100 was at 5599.81, a rise of 0.24% or 13.20 points in early morning trading following strong first quarter results from some groups.

Standard & Poor's has downgraded Spain one notch from AA+ to AA, pointing to a slower than expected growth rate.

The UK economy remains balanced between recession and recovery, Alistair Darling warned today, saying there are no guarantees the current upturn will continue.

Old Mutual topped the FTSE leaderboard on Wednesday as the index reversed heavy early losses.

Goldman Sachs' chief executive Lloyd Blankfein yesterday denied his bank contributed to the US financial crisis by betting some of its own investment products would fail.

The FTSE plunged a further 50 points in early trade Wednesday as the fallout following Standard & Poor's (S&P's) downgrading of Greece's debt to ‘junk' status continues.

Exactly one year ago, an outbreak of flu in Mexico led to fears of a global pandemic. 'Swine Flu' did indeed spread around the world, however for most countries it had only a limited effect on economic output. We are now facing something that is likely...

The FTSE 100 lost more than 150 points and closed barely over 5,600 after Greece's debt was downgraded to junk status by ratings agency Standard & Poor's (S&P).

Household finances deteriorated at the fastest pace for four months in April, data from Markit/YouGov suggests.