Standard Life has agreed a £42m takeover of software provider Focus Solutions.

The Lloyds Banking Group has named the boss of Santander's UK operations António Horta-Osório as its new CEO, replacing Eric Daniels.

Chancellor George Osborne has unveiled a range of cuts to government spending, aimed at bringing the UK's burgeoning deficit under control.

Prudential's UK business has seen only muted growth in comparison to its US and Asia arms since the start of the year.

Stock analysts are putting the thumb screws on Gartmore for more details on the suspension of star manager Guillaume Rambourg, as they caution shareholders of damage to the firm's franchise and assets.

Investec Asset Management has launched three new funds for its Luxembourg-domiciled GSF range - which utilise full Ucits III powers in the energy, natural resources and currency sectors.