Inflation fell back to zero in the year to the end of August, according to the Office for National Statistics (ONS), pushing out expectations of an interest rate rise again.

Portfolios will invest in a number of collectives

Chancellor issues warning after nearly 5% FTSE drop

Mixed fortunes: Which fund groups soared in H1?

The government has reduced its stake in RBS by 5.4%, selling 630 million shares for £2.1bn in a quick-fire sale to institutional investors that saw taxpayers make a £1bn loss on the deal.

The Targeted Absolute Return retook its place as the UK's best-selling sector in June as investors sought reassurance in choppier markets.

Former Aviva chief executive Keith Jones has joined the board of Smith & Williamson as a non-executive director.

Research firm FundCalibre has launched a new ‘elite provider' rating, with 17 funds gaining the title.

HM Revenue & Customs (HMRC) is to hold regular stakeholder forums to help clarify and develop the rules surrounding EIS, SEIS and VCT schemes.

Chancellor George Osborne has announced in the Summer Budget that banks will face a new 8% surcharge on profits.