News

Citigroup and Scotia Capital have predicted a 0.2% contraction in GDP growth for the second quarter, renewing fears of a double-dip recession in the UK.

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.

There was little relief coming Portugal's way after Moody's downgraded the country's credit rating to junk status (Ba2 from Baa1).

Isle of Man-based offshore savings bank Britannia International has launched two fixed rate savings accounts.

Rupert Murdoch's takeover of BSkyB appeared to be dead in the water last night after proof emerged that executives at his British newspaper empire mounted a cover-up of the full scale of alleged criminal wrongdoing at the News of the World.

Senior European Union (EU) officials are set to meet later on Monday to discuss the eurozone's continuing debt woes.

NYSE Euronext has announced six new ETF listings on the NYSE Euronext's Paris market.

Hector Sants, the current chief executive of the Financial Services Authority (FSA), and Bank of England governor Mervyn King have been named among the most influential people in the European capital markets.

Group gives Gait and Paul freedom to invest up to 20% in stocks listed outside region.

Nucleus has passed the £3bn AUM barrier following a record six months of inflows and adviser interest.