Rhian Nicholson

iShares has branched out into exchange traded commodities (ETCs) after listing four physically backed products on the London Stock Exchange.

Alliance Trust has come under further fire over its refusal to adopt a discount control mechanism (DCM) after Laxey Partners alleged that it is hiding a 'shocking rise in total expenses'.

Fund management fees eat away an average of 43 per cent of investors' returns over a ten-year period, according to an investigation by Money Observer into the true cost of investing. 

The prospect of further quantitative easing in the US and the UK has been weighing heavily on both the dollar and sterling of late.

GDP growth in the second quarter of the year remained unchanged at 1.2 per cent in its final revision.

This puts it at its fastest rate for nine years following last month's upgrade from 1.1 due to better-than-expected figures from the construction sector.

The corporate calendar is looking a little bald for the coming week with AGMs from Max Petroleum and Rockhopper likely to steal the spotlight from the retailers reporting results.

The Independent Commission on Banking will consider breaking up the banks to increase competition as part of its year-long inquiry into the sector.

Lloyds Banking Group boss Eric Daniels will retire from the part-nationalised bank in a year's time. 

Japan's government has intervened in the currency markets for the first time in more than six years after the yen soared to a 15-year high against the dollar.

Lloyds Banking Group tops the list of the most complained about financial institutions for the third time.