UK’s exchanges are ‘not fit for purpose’ and require ‘radical’ overhaul, say Tony Blair Institute and Onward

The firm, which officially launched in January, has already taken stakes worth $5bn this year

Coalition of 18 nations looks to establish ‘energy bank’ as western institutions increasingly shun oil and gas

Despite efforts to lower deficit, fund managers say spreads on France’s debt likely to remain elevated

Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off

Prices for the metal have shot up this year even as inflation risks have receded, prompting calls to give it more respect