News

The FTSE opened higher in early trading by 20.32 points(0.39%) to 5231.50 as investors become more optimistic about prospects for a global recovery.

No one should fool themselves into believing that Britain can inflate its way out of its public debt mountain, the Bank of England's deputy governor has warned.

Finance ministers from the G20 nations are poised to endorse Europe's plans to stem the eurozone debt crisis as they meet in Busan, South Korea this weekend.

Schroders' Andy Brough has dismissed concerns BP has become a takeover target or will be forced to cut its dividend, labelling investor reaction to the Gulf of Mexico disaster as "mad".

Which? has endorsed income protection (IP) as the superior alternative to payment protection insurance (PPI).

United States Commodity Funds (USCF) has listed its US Brent Oil fund on NYSE Arca.

Skandia is to launch a new range of 20 single manager funds across 10 different asset classes.

Patient care is being compromised by GPs' lack of assessment time, according to research by Aviva UK Health.

Norwich & Peterborough (N&P) Building Society is offering victims of failed investment vehicle Keydata £2m in interest-free loans until the end of the year.

The FSA has lost its first insider dealing case, as a finance director and two lawyers walked free from court today.