Facebook founder Mark Zuckerberg has said he will not sell any of his shares in the company for at least a year in a move to boost investor confidence, after shares in the social networking giant sank to a new low.
UK shares were once again lower this morning, extending yesterday's sharp losses as falls in Asia overnight impacted confidence.
The Confederation of British Industry and British Chambers of Commerce have each cut their 2012 UK GDP forecasts and called for the government to do more to prompt growth.
Henderson's Richard Pease has predicted a ‘stampede' into European equities as soon as the government bond bubble bursts and investors begin demanding better real returns.
Barclays has made its GlobalAccess multi-manager fund range available to advisers through two major platforms, and hopes to launch on the remaining large providers by the end of the year.
Scottish Widows Investment Partnership (SWIP) is set to continue its graduate programme but has halved the size of its intake.