The National Institute of Economic and Social Research (NIESR) said it expects the UK to avoid another recession but warned it now faces a bleak period of low growth.

A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.

Amundi has launched its inaugural UK range of 16 ETFs on the London Stock Exchange, the first stage of a plan to list around 50 products in the next three months.

HSBC's shares have fallen more than 1.5% this morning after the bank revealed profits fell by $806m in Q1, driven down by $440m (£268m) PPI provision.

The UK may need a bailout from Europe soon as it is not cutting its structural deficit hard and fast enough, according to Jim Rogers.

Franklin Templeton Investments has launched the Templeton Emerging Markets Balanced fund for Mark Mobius and Michael Hasenstab.

Weak construction data suggests the economy is still too fragile to raise rates above their record low of 0.5%.

Artemis has hired Simon Edelsten and Alex Illingworth to build a new global stockpicking franchise for retail and institutional clients.

Billionaire investor Warren Buffett would rather invest in a robust business than gold, despite the precious metal soaring to all-time highs above $1,500.

A number of economists predict the Monetary Policy Committee will raise interest rates in August this year, to curb rising inflation.