Wealthy investors seeking a 'safe haven' from the eurozone crisis are pushing up the price of luxury homes in central London - although a euro break-up could send prices crashing down, research has found.
The UK car insurance market is to face an investigation by the Competition Commission after a watchdog report found that artificial charges could be pushing up premiums by £225m a year.
Rain dampened demand for outdoor products and building materials at Kingfisher-owned DIY chain B&Q this year, causing sales to slide 12 per cent in the first quarter.
Essar Energy shone like a beacon on gossips that the Ruia brothers have finally lost patience with the City’s low valuation of the group and are now drawing up plans to take it back private.
Sir Philip Hampton, chairman of the Royal Bank of Scotland, expressed his ‘profound regret’ for the huge losses incurred by private shareholders, but warned they will not get their money back in his lifetime and longer.
With global economic fears seemingly hitting both equities and bonds, does the traditional argument about the importance of asset allocation still hold?