UK will return to recession, says think tank

UK will return to recession, says think tank
February 3, 2012 - 4:07pm | Cathy Adams
The UK will return to recession in the first half of 2012, according to the National Institute of Economic and Social Research (NIESR). Stretched household finance, tight credit conditions and stagnant business growth is expected to drag the economy...

News and markets round-up

Aberdeen acts to halt inflows into its emerging markets funds

Aberdeen acts to halt inflows into its emerging markets funds

February 3, 2012 - 1:25pm | Ruth Emery

Aberdeen Asset Management has asked financial advisers to stop recommending its two emerging markets funds in a bid to halt the inflows into the massive funds and protect existing investors.

Personal insolvencies fall 11 per cent in 2011

Personal insolvencies fall 11 per cent in 2011

February 3, 2012 - 10:59am | Ruth Jackson and Cathy Adams

Fewer people were declared insolvent in England and Wales in 2011 than in the previous year.

Could UK interest rates turn negative?

Could UK interest rates turn negative?

February 3, 2012 - 10:58am | Vicky Redwood of Capital Economics

Economist Vicky Redwood says cutting interest rates to zero, or even below zero, could be one way to improve the effectiveness of monetary policy.

HSBC launches 90 per cent mortgage

HSBC launches 90 per cent mortgage

February 2, 2012 - 3:18pm | Rebecca Rutt

HSBC has launched a 90 per cent loan-to-value (LTV) mortgage in an effort to help out first-time buyers.

Facebook unveils $5 billion IPO

Facebook unveils $5 billion IPO

February 2, 2012 - 10:38am | David Anderton

After days of intense speculation, Facebook has unveiled plans for a $5 billion (£3.2 billion) initial public offering (IPO), filing papers with the Securities and Exchange Commission (SEC) late on Wednesday 1 February.