News

UK pharmaceuticals rose in early trading after speculation mounted President Barrack Obama's healthcare reforms could be thwarted by the Republicans.

The governor of the Bank of England has renewed his warning to the Government that it must cut the public deficit, the BBC reports.

Legal & General Investment Management and Neptune have criticised Cadbury management over Kraft's agreed takeover bid, saying the 850p per share deal undervalues the confectioner.

The average house price has increased in real terms by 273% over the past 50 years, according to the Halifax.

The Financial Services and Skills Council (FSSC) is undergoing structural change to include specialist sector boards, says interim chief executive Liz Field.

Iceland will hold a referendum on 6 March to decide whether to repay debts owed to the UK and Netherlands from the collapse of Icesave bank.

Greece is "about to dive into a Great Depression", according to emerging markets specialists at GLG Partners.

Royal London 360 has appointed its first wrap relations manager in response to the increasing popularity of wraps and their importance to the company's offshore bond proposition.

Morgan Stanley has launched a new FTSE 100 linked structured product which offers a leveraged upside return while reducing the impact of falling markets.

The number of firms authorised to dispense financial advice has fallen for five consecutive quarters, FSA figures show.