Lloyds Banking Group has launched a record-breaking £13.5bn rights issue at a near-40% discount as part of a massive fund raising to strengthen its balance sheet, reports The Telegraph.
A member of The Bank of England's rate-setting committee said last night the economy had emerged from recession in the quarter between July and September - contradicting initial figures published by the Office for National Statistics (ONS), reports The...
UK house prices were higher year-on-year in October, marking the first annual rise for 19 months, the BBC reports.
Financial services firms must make sure their customers understand what they are letting themselves in for when they sign up for mortgages, consumer loans and other products, according to the OECD.
The FSA will merge its retail and wholesale supervision departments as part of a wide-range of reforms in October.
Considering the current economic climate, what do you think the main focus will be in terms of marketing budgets in the next 12 months? Do you think that lead-buying will fare well?
Economic Secretary Ed Balls will be the key note speaker at the Association of IFAs annual dinner, the organisation has confirmed.
Europe's emerging markets provide a better opportunity for investors now than they have ever done because countries in the region are becoming self-sufficient, according to BlackRock Merrill Lynch.
The resolution of the Iran hostage crisis helped boost the US stock market and may have helped avoid a recession, according to BlackRock Merrill Lynch.
A long time ago I was a student studying economics at Leeds University. I learned about such useful subjects as "Perfect Competition" and the "Paradox of Thrift".