Economics / Markets

Nearly a third of consumers believe the economy will worsen in 2010, research by the Association of British Insurers (ABI) suggests.

The FTSE 100 opened slightly lower this morning after falls on Wall Street and in Asia, dipping 4.76 points (0.09%) to 5,493 in early trading.

Banks are denying savers tax benefits by paying less on fixed-rate cash ISAs than on similar taxable bonds.

The latest Legal & General Fundamentals video, exclusive to IFAonline, looks at what 2010 might hold in store for investment markets.

Money raised through the Landsbanki wind-up will cover 100% of Icesave compensation costs to the UK only if the Government avoids a firesale, says the Treasury.

A decade of poor returns will be replaced with 10 years of strong performance in the stock markets, Fidelity International says.

Strong Christmas sales at Tesco helped keep the FTSE in the black with a slight rise of 0.02% to 5,539.38 in early trading.

A survey of 5,400 businesses by the British Chambers of Commerce (BCC) concluded that while improvements were evident in some parts of the economy, momentum was not sufficient to drive a recovery in the final three months of the year.

The UK may face further inflationary problems in the coming months after figures from the Office for National Statistics (ONS) showed increases in two leading indicators.

US shares fell in early trading on the back of interest rate concerns following the Chinese Central Bank's decision to increase its inter-bank rate for the first time in four months.