Investment General

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".

The case for further QE in the UK "significantly strengthened" in the past month, with any repeat of recent economic woes likely to lead to further stimulus, the MPC has said.

Fidelity has launched low-cost versions of its Multi Asset fund range, run by Trevor Greetham, following moves by peers including Schroders to offer similar investment products.

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.

The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....

Good afternoon readers - below are five key articles from this week's IFAonline.co.uk...

The Institute for Fiscal Studies (IFS) has proposed extending VAT to nearly all spending - including financial services - following its wide-ranging review into the UK's tax system.

Inflation climbed marginally in August as expected, driven up by higher utility bills.

Stocks in the US and Asia rallied overnight after Italy turned to China for help with its debt crisis.