European markets have been hit hard by news Greece will receive bailout cash to tackle its debt crisis.

European leaders have reached an agreement to bailout Greece, which is suffering from a huge debt crisis.

London trading got off to a strong start Thursday, following positive results for Rio Tinto and rumours Aviva could be the target of a buyout bid.

FSA chief executive Hector Sants will step down in the summer after three years in the role.

The UK's debt problems could be on a par with those facing Greece and Portugal, according to a former IMF economist.

Stock market experts are warning of another year of dividend famine as some of Britain's biggest dividend mainstays struggle to maintain payments to shareholders.

The Dow Jones dipped in early trading this morning after seeing huge losses on Thursday.

The Bank of England has frozen its quantitative easing programme and kept interest rates on hold.

Shares fell in London this morning with miners losing ground after high metal prices increased their value earlier this week.

A ex-BlueBay hedge fund manager has been fined £140,000 and banned by the FSA for misleading investors and the regulator.