Research: Risk of stock market crash has increased

The threat of a stock market crash has risen to a "one in three" chance, the chief executive of the respected Centre for Economics and Business Research has warned.

Douglas McWilliams said: "The signals seem to be building up for some kind of market crash - shares and many bonds are already down significantly from their recent peaks. At the beginning of this year we gave one-in-five odds on a UK double-dip. The chances now are about one-in-three." MORE The government will detail how children without child trust funds (CTFs) will qualify for the new tax free Junior ISA accounts being launched in November in regulations expected next week. But those born between September 2002 and December 2010 won't qualify. MORE Banks and other financial companie...