The Bank of England has kept interest rates at their record low level of 0.5% following the latest meeting of the Monetary Policy Committee (MPC).

The UK's major banks remain on course to meet their targets for lending to businesses as part of their commitment to Project Merlin.

The Financial Services Authority (FSA) has warned investors against buying shares from cold callers claiming to be from Glencore International Plc.

Veteran hedge fund manager George Soros announced today he will no longer manage other people's money. Investment Week looks back at his career...

The new managing director of the International Monetary Fund has told the US to resolve its debt ceiling "immediately" or risk "serious spillovers to the rest of the world".

George Osborne has defended the government's economic policies after new figures showed a slowdown in growth, and claimed the UK is a 'safe haven' compared to other nations.

FSA chief executive Hector Sants insists the regulator is considering the Treasury Select Committee's recommendations on the RDR, following an angry letter from TSC chairman Andrew Tyrie.

Markets have remained lower this afternoon as negative reaction to European bank stress tests continue to drag on the FTSE 100.

The UK economy officially grew by 0.5% in Q1, according to the Office for National Statistics'(ONS) third and final estimate for the period.

US Gross Domestic Product (GDP) increased at an annual rate of 1.9% in Q1 2011, marginally up from a previous estimate of 1.8%.