Economics / Markets

London markets have advanced strongly this morning on news Abu Dhabi is to bailout heavily indebted neighbour Dubai.

Hundreds of thousands of high-earners face tax rates of up to 250% because of the Government's pensions changes.

World economies including the UK are likely to continue to recover and grow, according to the Organisation for Economic Co-operation and Development (OECD).

London's leading shares surged in morning trading, with mining stocks leading the charge on the back of positive economic data coming out of China.

Alistair Darling's raid on bank bonuses will drive away the cream of the UK's banking talent, says director of Applewood Wealth Management, Karl Hartey.

Gilt prices fell sharply yesterday as investors began to digest the Government's pre-Budget report and fears that Britain's credit rating will be downgraded intensified.

The Bank of England's Monetary Policy Committee (MPC) has held interest rates at 0.5% for the ninth consecutive month.

In a document released on its website only a few hours before the Chancellor's Pre-Budget Report, the Office for National Statistics laid out the definitive cost taxpayers will have to bear for both the state old age pension and public sector pensions....

The FTSE closed at its lowest level in more than a week Wednesday following falls in energy firms and food retailers.

Chancellor Alistair Darling has announced £20m in funding for the national roll-out of the Money Guidance scheme.