The Association of Investment Companies (AIC) has backed industry calls for the Financial Services Authority (FSA) to relax planned rules restricting the sale of EIS and VCTs to retail investors.

Equity fund flows surged to €1.91bn in September, the first positive monthly figure since February, Morningstar's latest European fund flows data has shown.

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.

Chancellor George Osborne's proposed tax-free share plan is set to face fierce opposition from European politicians, despite strong support at home.

Net retail sales for August plunged to their lowest level since October 2008, new IMA statistics show, dragged down by record outflows from the UK All Companies sector.

Tesco, the UK's largest retailer, has reported falling profits for the first time in 18 years, its latest financial statement has revealed.

The US economy grew more slowly than expected in the second quarter, compounding fears the world's largest economy could be heading back into recession, the latest data has revealed.

Wealth manager Brooks Macdonald has announced a spate of acquisitions alongside a hike in profits which have jumped 17% to £8.5m year-on-year.

GLG has unveiled Retail Distribution Review (RDR)-ready unbundled share classes across its UK-domiciled range.

Berry Asset Management has unveiled a lower cost investment proposition in preparation for the Retail Distribution Review (RDR).