News

The FTSE 100 rolled back some of yesterday's gains this morning, with Standard Chartered among the early casualties after announcing surprise plans to issue £1bn in new shares.

Ecclesiastical Investment Management has added six funds to Cofunds.

The FTSE 100 reached its highest level since October 2008 this afternoon, leaping more than 80 points to within touching distance of 4,700.

Small business owners are too afraid to make redundancies for fear of being sued, according to new research.

The huge delays for compensation suffered by depositors with money in collapsed bank Kaupthing Singer & Friedlander highlight the need for a shake-up of banks' data handling, according to the Financial Services Compensation Scheme(FSCS).

Julius Baer has created a structured version of its Physical Gold fund to provide a capital-protected ETF.

Barclays Global Investors' (BGI) assets under management increased 12% in the first six months of the year, with the firm's iShares business experiencing the fastest growth, its UK-based parent company Barclays reported today.

Sterling has rocketed to a ten-month high against the dollar today as bullish equities and oil prices boosted market sentiment and investors' risk appetites.

House prices are predicted to rise 20% by 2014 due to a lack of supply and increased demand, according to the latest forecast from the National Housing Federation (NHF).

The FSA has borrowed a total of £200m from two banking giants after falling into debt for the first time, reports suggest.