Bill Gross says there is too much paper, and too little trust
International investors are buying record amounts of UK government bonds as the Bank of England's £75bn QE programme spurs demand, with the yield on the 10-year gilt hitting a new record low.
Prime minister David Cameron has caused the EU to fracture after refusing to sign up to a new treaty over concerns about financial services regulation.
Inflation worries rise among UK pensions; Banks shift assets to cut pensions deficits; Pension conundrum at UK banks; Pension funds ‘down £250bn and taking too many risks'; Stagecoach may face executive pay revolt
The European Central Bank will dodge quantitative easing to solve the eurozone sovereign debt crisis because its mandate does not allow it, an Aegon fixed income manager says.
Tom Higgins, global macroeconomic strategist at Standish Mellon Asset Management believes time is running out for Eurozone governments trying to tackle the economic crisis.
Lynn Strongin-Dodds reports how expected rate hikes and a belief the worst has passed for Europe is luring investors back to the euro
Updated 10.52am: The FTSE is falling in mid-morning trade after Chancellor George Osborne unveiled details of the coalition government's £6.2bn spending cuts.