Global

(Updated 2pm) Continued heavy selling saw London's FTSE 100 slump by more than 4.9% to its lowest level in a month after the Federal Reserve painted a gloomy picture of the global economy.

The Federal Reserve will not pump extra money into the ailing US economy, but policymakers last night unveiled a new scheme which they hope will stimulate growth.

Fidelity's Anthony Bolton has said he remains a world equity market bull despite a global situation that he said resembles "a big game of poker".

Henderson International Income Trust fund manager, Ben Lofthouse, examines why investors searching for income should look beyond UK equities and start to acquire a taste for more exotic markets

Emerging Asia's policy flexibility and relatively low debt will see it return to growth before the West, says Thomas Sinclair, manager of the Neptune Asia Pacific fund.

The FTSE 100 sold off sharply in early trading alongside indices across Europe as fears over a break-up of the region swept across markets once again.

US debt figures have so many zeros, it seems almost impossible to visualize the real scale of the crisis.

Three years on from the collapse of Lehman Brothers, Laura Miller revisits the shocking events and asks if any lessons have been learned.

Lessons from Lehmans

It has been three years since Lehman Brothers filed for bankruptcy, creating the biggest banking failure in history and sending shockwaves through global markets.