Economics / Markets

Storm clouds are gathering over the euro, with the currency expected to fall from the highs seen in 2009, according to Caxton FX.

RBS could be forced to sell some of its estimated £15m art collection amid pressure to cash in non-core assets.

BRITAIN'S economy will finally make it out of recession in the last quarter of 2009, but will perform much less strongly in each of the next three years than the Government is currently forecasting, the CBI will say today.

The FTSE 100 recovered ground this morning after banking stocks took a battering following the Basel Committee's recommendation yesterday banks need to hold significantly more capital reserves to prevent another crisis.

Expectations for inflation in Britain remained unchanged in December, despite the recent rise, figures from the Bank of England show.

Insurers are planning to introduce a new product to help companies limit the financial fall-out when their brands or high-profile spokesmen such as Tiger Woods suffer reputational damage, reports the Financial Times.

The FTSE 100 opened morning trading in positive territory, with financials leading the way.

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).