Recession

The darkest days of the recession following the financial crisis in late 2008 may be behind us but for Britain's small firms it's not safe to relax quite yet.

Young people trust advisers less than previous generations and see IFAs as "cold and overly-bureaucratic", the International Longevity Centre (ILC) said.

Prudential chairman Harvey McGrath will face a 20% vote against him renewing his role in the company at the group's AGM on Thursday.

UK consumers will see their disposable income fall by £780 per household this year, according to a Deloitte report.

Fears over a double-dip recession appear to have receded after the high street enjoyed surprisingly robust trading last month, boosted by continued hefty discounting and catch-up shopping after December's snow.

Financial advisers are the most trusted figures in financial services, particularly in the wake of the banking crisis, research suggests.

Bank of England chief Mervyn King said the shock contraction in GDP figures proves the UK recovery will be "choppy" but he appeared to rule out immediate interest rate rises.

Third way annuities provider Sun Life Financial of Canada has announced it will close to new business in the UK from 3 December, with 100 job losses across the business.

The Irish government has announced plans to save €15bn over the next few years to tackle the country's debt crisis.

Several high-profile BBC journalists walked out this morning in a strike against the broadcaster's proposed pension reforms.