News

The FTSE moved slightly higher in early trading, up 0.45% or 25.45 points to 5,628 amid oil exploration success and M&A activity in the energy sector.

Alan Lakey is lobbying his MP in an effort to take Lord Myners "to task" for misleading parliament about reasons for the lack of a long-stop for advisers.

Hargreave Hale is to hold a seminar on inheritance tax planning and investments for IFAs in the Lancaster region.

Vince Cable, business secretary, warned banks will be hit with greater financial penalties unless they increase their lending levels.

The FSA and US Financial Industry Regulatory Authority (FINRA) have entered into a Memorandum of Understanding (MOU) to support more robust cooperation between the two regulators.

The Republic of Ireland saw its €1.5bn (£1.3bn) bond issue snapped up at auction today, pointing to investor confidence in the strength of the economy.

The recent US downturn, which officially ended in June 2009, has been the longest since the great Depression beginning with the Wall Street crash in 1929.

Novia has appointed Hawksmoor to its panel of discretionary fund managers.

Eric Daniels, group chief executive of Lloyds Banking Group, has announced his retirement, giving the organisation one year to find a successor.

The Dow Jones has made early gains in trading as investors await the Fed's rate decision tomorrow and a possible extension of its quantitative easing programme.