Aberdeen Asset Management is to become Europe’s biggest independent fund manager after striking a deal worth up to £660 million with Lloyds Banking Group.

An unusual sight greeted guests at New York’s posh St Regis’s hotel this week: Dozens of investors trickled out carrying Manchester United hats and footballs after a marketing event for the club’s upcoming initial public offering.

London’s landmark Covent Garden market and piazza has been sold for £421m (€624.9m), it was announced today.

The London market ended the week camped in positive territory after investors shook off fresh gloom in the DIY sector today.

UK based investment advisor Mitsubishi Trust International has awarded business content provision group Reuters its comprehensive web-based research and analytics desktop solution.