Chancellor Philip Hammond today forecast lower GDP growth this year of 1.2% - significantly down on the 1.6% he forecast last autumn.

Chancellor Philip Hammond will unveil his Spring Statement today in the House of Commons against a backdrop of Brexit turmoil.

The financial services profession’s confidence in the UK’s economic prospects has fallen to its lowest level since 2012, according to the latest survey by the Chartered Institute for Securities & Investment (CISI).

The Financial Conduct Authority has warned that firms subject to MIFID II reporting rules should begin preparing now for the consequences of a ‘no-deal’ Brexit as the prospect of EU withdrawal without agreement becomes more likely.