News

The FSA fined IFAs nearly a million pounds in the seven months to July, over three times as much as the whole of 2009.

Former Money Portal boss Tony Morris has had his assets frozen by Australian judges over his links to the £52m GP Noble fraud case.

Cirencester friendly is running a series of income protection (IP) roadshows throughout the country.

Physical gold inflows have hit a 13-week high amounting to $236m, as investors turn defensive about the economic outlook, ETF Securities (ETFS) says.

Gross mortgage lending jumped 5% in July to an estimated £13.6bn, from £12.9bn in June.

UK public sector borrowing fell to £3.8bn in July, down from £6.1bn in July 2009, suggesting the nation's finances are starting to recover.

The Government is asking Britain to vote on where the axe should fall in the next round of public spending cuts, with one option being the abolition of cash altogether.

The banking sector's warnings that tighter regulation will throttle the recovery have been rejected by the body designing the new safeguards.

Henderson's Bill McQuaker has increased exposure to index-linked bonds in recent weeks on the view the global economy faces a "meaningful risk" of higher inflation in the medium-term.

Britain's leading share index has fallen back into the red after enjoying modest gains in early Thursday trading.