The Government says it will tackle high pension charges after a report claimed those saving for retirement could see their nest eggs eroded by huge costs.
ING Direct savers in the UK will be protected by the British Government, instead of the Dutch compensation scheme, once a proposed buy-out by Barclays goes ahead.
Bank of England policymakers decided against unleashing further emergency support for the recovery today, despite mixed signs over the health of the economy.
Complaints to financial firms rose by 59% in the first half of this year, driven by a spike in the number of payment protection insurance (PPI) complaints , new data from the Financial Services Authority (FSA) reveals today.
The UK's double-dip recession is not as deep as previously feared, after revised figures showed a smaller contraction in the second quarter of the year.
The retail prices index (RPI) rate of inflation fell to 2.9% in August, down from 3.2% in July, new figures from the Office of National Statistics (ONS) reveal today.
18 September 2012
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