The Treasury has announced that it will look at relaxing the law requiring everyone to buy an annuity by age 75.
Shares in beleaguered BP jumped more than 5 per cent after it successfully capped its ruptured well in the Gulf of Mexico.
BlackRock has launched an agriculture fund to take advantage of growing demand for foodstuffs as populations grow and the interest in biofuel rises.
Oil and gas group Fairfield Energy last night pulled its upcoming stock market flotation in a move that further undermines the chances of online grocer Ocado floating at a sky-high valuation of £1 billion.
The number of unemployed people in the UK has fallen by 34,000 to 2.47 million in the three months to May, although this is likely to be short-lived due to upcoming public sector cuts.
The headline rate of inflation fell back further in June largely due to lower petrol and diesel prices.
All eyes are on embattled oil major BP as speculation mounts over a possible takeover attempt in the wake of the Gulf of Mexico disaster, which has now cost it $3.5 billion.
It might be reaching the height of summer, but the corporate calendar is still packing a few punches for investors.
The government is planning to change how private sector pensions are calculated so that all pension members will ‘share the pain’ of reduced payments in retirement.
House prices continued to fall in June wiping out earlier gains made this year. The average house price in the UK is now £166,203, around £2,500 less than the figure at the start of 2010.
Interest rates were kept on hold once again in July despite high inflation proving to be a sticky issue for the Monetary Policy Committee (MPC).
Self-invested personal pension fees for most fund sizes have fallen by up to 11 per cent over the past three years.