Investment

The UK's inflation rate posted another surprise drop in May, falling to 2.8%, as the lack of activity in the UK continues to bring prices down sharply.

The current crisis in Spain will result in Spanish bank bondholders taking severe haircuts, after a similar scenario in Ireland last year, Henderson Global Investors says.

Solvency II rules will force insurers to increase reserves and cut annuity rates by up to 20%.

There are "real dangers" in blindly tracking indices in the decade of uncertainty ahead, Axa Investment Managers warns.

One in five independent trustees would appoint their scheme's incumbent adviser as a fiduciary manager without an open selection process, research finds.

Investors have suggested the eurozone crisis has not yet reached another critical stage, despite a €100bn bailout of Spanish banks failing to prevent the country's borrowing costs reaching record highs last week.

Political parties supporting Greece's international bail-out have begun to assemble a government following an election victory over radical left wing opponents.

Business secretary Vince Cable could take action against Fred Goodwin and a small number of former Royal Bank of Scotland (RBS) directors over the bank's collapse.

Moody's has downgraded the credit ratings of five of the Netherlands' largest banks as the country's economy struggles with a domestic recession and the effects of the eurozone crisis.

A market rally after pro-bailout party New Democracy scraped a narrow win at the Greek election has eased back amid uncertainty over the global economy and other eurozone countries.