Octopus Investments has said it will not offer any further clarification despite one of its portfolio managers being found guilty of stealing £110,000 from the company. Read

Banks must extend the maturity of their funding and refinance substantial sums if they are to avoid a ‘less rapid than expected’ recovery, according to the Bank of England. Read

The chancellor today confirmed that Value Added Tax (VAT) will return to 17.5 per cent on 1 January 2009. Read

Investors earning above £150,000 will hear in today's Pre Budget Report (PBR) how the Treasury plans to implement tax relief restrictions on pension contributions. Read