News

France has reduced its economic growth forecast for 2011 by 0.5% to 2% following a meeting between President Sarkozy and top finance ministers.

NBNK Investments has begun trading on the AIM market to raise money to establish a new nationwide banking network.

SIFA has launched a new guide to help IFAs work with personal injury lawyers and to address the issues surrounding large payments in serious cases.

Lloyds Banking Group is set to pull Bank of Scotland Ireland (BoSI)out of the country and cease all lending there by the end of the year.

On-exchange turnover in the European ETF industry has reached an all-time high, fuelled by fluctuating markets and investor uncertainty, Lipper says.

The FTSE 100 opened at 5,211, rising close to 6 points or 0.11% in early trading following a flurry of M&A activity.

Norwich & Peterborough's (N&P) chief executive says its customers lost money in Keydata because of fraud, not mis-selling, and he has passed the buck for compensation to the FSA and FSCS.

HSBC Global Asset Management believes there is a "decent chance" of a global markets rally in Q4, as investors are currently overly pessimistic about the outlook for economic growth.

HMRC will adopt a less combative approach to resolving tax disputes with businesses in a bid to unlock billions of pounds tied up in court battles.

Monthly mortgage payments as a proportion of income are now nearly half of 2007 levels, yet affordability is still cited by over 50% of first-time buyers as the main barrier to entry.