UK

Prudential has confirmed it is in discussions with AIG over altering the terms of its controversial £24.5bn proposed takeover of AIA.

The US Treasury has secretly resurrected plans to float Asian insurer AIA on fears the £24bn sale to Prudential could fall apart.

Stephen Lansdown, the Hargreaves Lansdown co-founder and one of the UK's richest individuals, has left Britain for Guernsey.

Investec Asset Management posted a record £4.7bn net inflow over the year to 31 March.

Jupiter Asset Management has unveiled plans to list on the London Stock Exchange next month, which could potentially value the group at up to £1bn.

With sovereign and political issues taking centre stage recently, macroeconomic indicators have taken a back-seat

Bond managers fear for gilts and sterling in the coming days and weeks as the markets react poorly to the reality of a hung parliament.

Gilts and sterling are falling sharply this morning as investors react to the likelihood of a UK hung parliament.

As a bond investor, Jim Leaviss explains why he is "almost" hoping for a hung parliament this morning.

Gilts have rallied significantly into the Election, driven more by the UK being associated with the core of Europe than the chance of a significant Tory majority.