eu

The Association of British Insurers has said it is "extremely confident" age and disability pricing factors will not go the same way as gender with the incoming EU Equal Treatment Directive.

EXPATS

NON-DOMS

Governments across Europe are set to buy Spanish and Italian bonds through two European rescue funds, a move the ECB hopes will send a signal to financial markets that Germany is behind the eurozone.

REGULATION

Ratings agency Moody's Investors Service has cut the long-term debt and deposit ratings for 26 Italian banks as the crisis in Europe clouds their prospects.

Vince Cable has voiced concerns there will be dire consequences for the UK's economy if Greece were to exit the euro and debt contagion spread.

Despite the weak economic climate, demand from wealthy individuals and company executives for superyachts is showing signs of strong growth, according to Jersey-based trust and fiduciary provider, Vistra.

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