UK

UK equity income funds recorded their best month on record in April as the ongoing demand for income solutions saw them rake in hundreds of millions of pounds.

A row has broken out over the cost of setting up all of the public bodies needed in an independent Scotland.

Britain's economy may already be larger than it was before the financial crisis, according to a respected think tank, in a sign that the scars left by the Great Recession have finally healed.

Britain's rapid growth rate will become "ingrained" and more balanced, the European Commission said on Monday, as two separate reports suggested the strong rate of expansion was likely to continue.

UBS Wealth Management chief investment officer Alexander Friedman has said that the firm expects company performance in the US and the Eurozone to drive equities in those regions higher in the coming months.

The UK economy expanded by 0.8% in Q1, slightly below economists' expectations.

Policymakers risk the UK economic recovery stalling if they fail to address its "undue reliance" on consumer spending, the British Chambers of Commerce has said.

The Office for Budget Responsibility (OBR) has raised its forecast for UK economic growth this year as the recovery continues to gather pace.

The size of the overall UK economy will this summer overtake the peak level it was at before the 2008 financial crisis, a business lobby group has said.

Criminal gangs who trick people into investing in worthless shares have been targeted by police in the biggest ever international crackdown on the fraud.