Former investors in nationalised lender Bradford & Bingley (B&B) should receive no compensation for their shares, the independent valuer of the stricken business has said.
Banks and building societies are cutting their savings rates as they focus on attracting new mortgage customers, a financial information group claimed today.
Cash Isa providers will finally have to display the interest rate paid on statements, while they must also speed up transfer times when savers switch accounts.
Chancellor George Osborne defended the Budget as "tough but fair" today as he accused the previous Labour government of leaving the economy in a "massive mess".