News

Economic recovery in Britain will be slowed down by a possible credit shortfall of £180bn next year caused by the weakness of the banking sector and the state budget deficit, the International Monetary Fund (IMF) warned today.

The Personal Accounts scheme is a "scandal waiting to happen" and places the pensions industry at risk of giving bad advice, Trevor Matthews says.

The UK's largest stocks struggled to make headway in the last session of the quarter despite a positive performance for financials and insurers.

Wall Street got off to a shaky start today as traders digest positive news on the housing market and a negative read on the Conference Board's consumer confidence index.

The Jelf Group has added all four of F&C's Lifestyle funds to its product offering.

Gross lending by building societies was subdued in August at £1.5bn as funds for mortgage lending remained unavailable.

Jubilee has increased the minimum investment level across its structured product range.

The FSA today ordered firms reopen about 185,000 previously-rejected payment protection insurance (PPI) complaints and reassess them.

High-risk life and travel insurance intermediary Pulse has launched a new website.

Money worries topped a list of Britons' biggest concerns in 2009, a study suggests.