Q4 2012 US GDP has been revised up from 0.1% to 0.4%, though the figure remains the lowest level of quarterly growth seen since Q1 2011.

Shares in Prudential have fallen over 4% today after the FSA fined the insurer £30m over the failed AIA deal in 2010.

Invesco Perpetual's Michael Matthews is to join Paul Causer and Paul Read as a co-manager on the firm's £5.8bn corporate bond fund at the end of the month.

Ecclesiastical's Robin Hepworth is backing the rally in Vodafone shares to continue even if the M&A rumours surrounding the stock begin to recede.

The pool of government bonds rated AAA by the three main rating agencies has shrunk by more than 60% since the financial crisis, according to new analysis.

BlackRock is merging its UK Dynamic fund with its UK fund as part of a wider UK equity overhaul as Mark Lyttleton resigns from the group.

European politicians have voted to reform the bonus structure of fund managers, a move which puts the UK at a "competitive disadvantage" and could damage shareholder value, according to PwC.

Chancellor George Osborne delivered his fourth Budget address this afternoon, cutting his official growth forecast in half, but insisting the UK would avoid a "triple dip" recession.

Asian markets tumbled overnight and safe-haven bond yields fell following news EU member Cyprus is to impose an unprecedented bank levy on deposits held in the country.

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