Banks are to be required to "ring-fence" their retail operations from risk-taking arms and to hold increased levels of capital to protect the UK from a repeat of the crash of 2008, Chancellor George Osborne announced today.
Fair trading chiefs today launched a study into private motor insurance following big hikes in premiums in recent years, focusing on the high cost of repairs and replacement vehicles.
Poor management decisions and the last government's light-touch regulatory regime were key factors in the near-collapse of Royal Bank of Scotland (RBS), a long-awaited report by the City watchdog said today.
Average house prices were only marginally lower last month than at the start of the year as the market remained stable throughout 2011, mortgage lender Halifax said today.
The housing market has remained "surprisingly resilient" this month, Nationwide said today, as the average price of a property increased by 0.4% month-on-month.
Competition in the mortgage market for customers with a deposit of just 10% increased today, as HSBC introduced a low-rate deal aimed at attracting first-time buyers.
The Government should consider introducing a "graduated" state pension to allow people to draw some cash before they retire, which could help encourage them to continue working for longer, a thinktank recommended today.
Many high street banks and building societies are offering poor advice and recommending inappropriate investments, an undercover investigation from lobby group Which? concludes today.
The jobs market is facing a "slow, painful contraction", with firms scaling back decisions on whether to recruit more staff against a background of global economic "turmoil", a new report warns today.
First-time buyers struggling to find big deposits should be encouraged back into the housing market with a raft of measures to help them clinch a mortgage deal, a report from businesses recommends today.
