Two of America's most noted financial commentators have argued the recovery of the US economy is not a given, despite the recent uptick in sentiment.
Two of Britain's biggest insurers are poised to slash dividends this week, potentially derailing the stockmarket's blockbuster summer rally, The Times reports.
The government was forced to borrow £13bn in June, almost double the amount in the same month last year, as shrinking tax receipts continued to put pressure on public sector finances.
Friends Provident is attempting to restructure its bond debts to improve its capital stability, it has revealed today.
Government borrowing rose by a record £90bn in the last financial year, according to figures released today.
Banks are discussing a possible restructure of Pearl Group's debts following pressure from the FSA, reports suggest.
The Office of Fair Trading has told 11 financial management businesses with 'look alike' websites posing as official or charity advice sites to close them down immediately.
Britons have sacrificed £19bn of savings in a bid to drastically reduce their debt mountain as the credit crunch bites, research suggests.
The Chancellor is being urged to issue more long-dated debt by the National Association of Pension Funds (NAPF), to help the UK in the coming recession.
The Government borrowed a record amount of more than £8bn in September as it attempts to spend its way out of recession.