News

The FTSE 100 opened higher, up 0.26% or 13.87 points to 5,289.31, supported by M&A activity in the resources sector.

Leading bankers are claiming to be so hamstrung by bonus restrictions they are threatening to relocate overseas.

Paternoster has been put up for sale, with its original backers facing the loss of more than half their £500m equity investment.

Robert Gaines-Cooper, the Seychelles-based UK multi-millionaire in a long-running battle with HMRC, has won the right to appeal to the Supreme Court.

Johnny Cameron, the former RBS banker blocked by the FSA from taking up senior positions in the City, has set up his own advisory firm.

Lending to small businesses has continued to plummet, falling a further 20% over the last quarter.

Ernst & Young (E&Y) has been forced to file a huge range of valuations with potential rescuers of Lifemark, because the fund's final worth is so unpredictable.

Employees who leave a company prior to retirement could be worst hit by the switch from RPI to CPI, a pensions expert warns.

The global market for fixed income ETFs is on target to hit $200bn next year, according to iShares.

Zurich is improving the underwriting service on its mortgage and family protection proposition.