News

The consumer price index (CPI) of inflation eased in May to 3.4%, down from 3.7% in April, according to the Office for National Statistics (ONS).

Deutsche Bank has released two short bond ETFs on the London Stock Exchange, tracking daily inverse UK and US sovereign indices.

Santander has reportedly entered its final offer for Royal Bank of Scotland's (RBS') network of 318 UK branches.

The Chancellor is likely to announce additional public spending cuts or tax rises of £34bn a year in his emergency Budget next week, economists warn.

Wales-based Buckles IFA has acquired Wiltshire-based Heather Moor & Edgecomb Ltd in a deal funded by Buckles' parent company Sanlam UK.

BP is facing a bill of up to $34bn from the Gulf of Mexico disaster after US senators demanded the oil company deposited $20bn into a ring-fenced account to meet escalating compensation costs.

Zurich is planning to move its £35bn British life assurance business to Dublin to cut its tax bill.

Billionaire investor George Soros, the man who broke the Bank of England, says the financial crisis has "just entered Act II" as Europe's fiscal woes worsen.

More than 17,000 vicars, teachers and doctors have signed a petition urging Chancellor George Osborne to scrap plans to increase capital gains tax (CGT).

Tory MP John Redwood has advised the Government it will plug the massive gap in the public coffers quicker if CGT is set at a rate people view as a "bargain".