Bank of England governor Sir Mervyn King has admitted more should have been done to avert the banking crisis and has urged the Government not to delay reforming the financial sector.
The UK's "failing" pension system needs to be radically overhauled and simplified to make it as attractive to consumers as saving into Isas, a report from the Institute of Directors said today.
Barclays has extended its Pingit app, which allows you to send money just by using a mobile phone number, to virtually any bank and building society current account customer.
There was a 20% rise in complaints to financial firms in the second half of last year largely driven by a huge spike in payment protection insurance (PPI) compensation claims, official figures reveal.