Ernst & Young

Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.

Rahul Odedra meets five young gun advisers already making a name for themselves in financial services…

The eurozone faces a "mild" recession in the first half of next year, restricting full-year economic growth in the region to just 0.1%, according to Ernst & Young.

The Investment Management Association (IMA)'s head of tax Stephen Lynam is retiring after more than 30 years in the industry.

Ernst & Young has downgraded its forecast for UK gross domestic product (GDP) to just 0.9% this year - significantly below the 1.4% it predicted three months ago - as it described the economic situation "worse than we thought".

The European Commission is pushing for tough rules that would force the world's biggest accountancy firms to abandon their consultancy businesses and share audit work with smaller rivals.

The Independent Commission on Banking (ICB)'s plans to ring-fence will have a very limited impact on the UK's economic output, according to Ernst & Young.

Worries over the eurozone debt crisis have prompted the Ernst & Young Item Club to cut its forecast for GDP growth this year from 1.8% to 1.4%.

Barclays Wealth has appointed Andrew Tailby-Faulkes as a managing director within its Wealth Advisory business to target high and ultra-high net worth clients.

Financial advisers are in for a tough time next year but not as tough as the people they advise, writes Ian Henderson, creative director at marketing firm AML Group