News

London's blue-chip index suffered a poor start to the week after sharp stock falls in Asia today, with property groups and miners among the early decliners.

Bradford & Bingley (B&B) says mortgage arrears at the firm, which was crushed by the financial crisis last year, more than doubled in the first half of 2009.

Hong Kong's economy has become the latest to announce it is growing again and is no longer a part of the global recession.

Personal accounts will complement and not replace existing pension provision, the head of the Personal Accounts Delivery Authority (PADA) says.

The Dow Jones has fallen for the first time in three days as Consumer Price Index figures show the Fed's $1trn injection into the banking system has not led to faster inflation.

The Italian tax authority has opened an inquiry into allegations that members of the Agnelli family, who controls Fiat, are holding undeclared funds abroad.

The Financial Ombudsman (FOS) has agreed to defer by three months its decisions on complaints relating to Lehman Brothers-backed structured products.

Offshore bond holders have made a decisive move to equities at the expense of other asset classes as risk appetite improves, according to providers.

Here we list who has moved where in another busy week in the offshore sector.

Provider ‘wake-up' letters to pension clients nearing retirement arrive years too late, are too complex and should be scrapped, Just Retirement says.