News

The downward pressure on house prices will continue next year as the imbalance in supply and demand results in property prices falling 2% by the end of 2011, forecasts suggest.

Banks led the FTSE 100 index 0.6% higher in early trading to 5,704.96 as investors showed their relief after Ireland agreed an €85bn (£72.5bn) rescue package.

Economists are urging caution on the impact of the coalition government's deficit reduction plans, despite upwardly revised growth forecasts from the Office for Budget Responsibility (OBR).

Fraudster Bernard Madoff's family are facing 40 new law suits as lawyers claim they pocketed $69m from his Ponzi scheme.

The FSA has been forced to admit it lost dozens of staff in the third quarter alone, after Lord Myners questioned the Treasury about a flurry of recent exits from the regulator.

European finance ministers and the International Monetary Fund have agreed a €85bn (£72bn) bail-out for Ireland in an effort to calm market fears of a new banking crisis.

Over 70% of investors expect to increase their usage of ETFs for asset allocation purposes, according to an iShares survey.

On the coldest night of the year and with London at a standstill, MPs spent three hours debating (or agreeing) on the RDR. Missed the debate? See our minute by minute blog...

FSA chief executive Hector Sants has warned against the risks of leveraged ETFs in a comment made before the treasury committee last Tuesday.

iShares and Goldman Sachs have unveiled fixed income and hedge fund replication ETFs on the German Stock Exchange Xetra.