sterling

The euro has fallen to a 10-month low against the dollar, amid poor economic data and ongoing concerns about the stability of the Greek economy.

Lord Turner will tell Parliament today regulators such as the FSA should force new, higher, capital and liquidity ratios on the world's largest banks.

George Osborne, Shadow Chancellor, on Saturday promised early action to cut the headline rate of corporation tax from 28p to 25p, but aides conceded the change might not fully take effect until April 2011.

Advisers should tell clients to get their money out of the pound before the currency collapses, urges a former City broker.

The pound is on the brink of a collapse which will herald a downturn worse than 2008/9, warns George Soros' former business partner.

The Government borrowed £4.3bn in January, the first time there has been a budget deficit in January since records began in 1993.

The pound has lost ground against other currencies following the release of GDP figures showing the UK economy grew just 0.1% in the last quarter.

Storm clouds are gathering over the euro, with the currency expected to fall from the highs seen in 2009, according to Caxton FX.

A pensioner who lost out when Standard Life's Pension Sterling fund plummeted in value has successfully taken the firm to court.

Revised GDP data which reveals the UK economy shrank by less than expected in the second quarter, has failed to buoy sterling so far.