The Chartered Body Alliance, the partnership of three professionals bodies with a combined membership of 200,000, has launched its first joint qualification, a Certificate in Climate Risk.

Andrew Bailey has been confirmed today as the new Governor of the Bank of England after three years as chief executive of the Financial Conduct Authority.

The Bank of England has held the Bank Rate at 0.75% as it cut forecasts for UK growth over the next two years.

The Investment Association (IA) is planning a new type of fund after the suspension of the Woodford Equity Income Fund and an attack on ‘open ended’ investments by the governor of the Bank of England.