European markets fell back into the red on Friday as investor concerns about the global economy returned.

European markets fell back into the red on Friday as investor concerns about the global economy returned.

The Association of British Insurers (ABI) today said it anticipates the cost of nationwide riots to insurers will reach £100m.

The executive board of the International Monetary Fund (IMF) has chosen French finance minister Christine Lagarde as its new director.

Andrew Sentance, who yesterday stepped down as a member of the Bank of England (BoE) Monetary Policy Committee (MPC), has condemned the Bank's refusal to raise interest rates.

The ONS has denied inflation figures were leaked before the official announcement yesterday morning.

NEST Corp has announced F&C Asset Management will run its ethical fund.

Chancellor George Osborne today announced the government will consult on the merging of income tax and national insurance contributions (NI).

Members of the Bank of England court revealed yesterday they are "uncomfortable" with governor Mervyn King's involvement in politics.

Aegon chief executive Otto Thoresen is rumoured to be planning to leave the life company by the end of the week.