Barclays has won a long-running legal battle over its actions on the eve of the credit crisis.

A bit of a pay war kicked off this week between the Serious Fraud Office (SFO) and the FSA. The head of the SFO wants to raise his staff’s salaries by 50% to put them on a par with their equivalents at the FSA.

Bank of England governor Mervyn King claimed a £26 senior railcard on expenses last year as part of a total bill of over £130,000.

Financial advisers, fund managers and investors could be hit with huge costs after the US Senate passed laws forcing millions of people in funds holding US assets to make a declaration to the American tax authorities.

The Bank of England will raise rates for the first time in four years in August in a bid to dampen inflation, according to the British Chambers of Commerce.

Barclays could be poised to swoop on one of Spain's troubled regional banks in a multi-billion pound rescue deal, according to reports.

Up to 300,000 households have moved more than £60bn of mortgage debt from repayment into interest-only deals over the past three years, according to FSA data.

IFAs were not particularly concerned about changes to the Managed sector definitions, according to the IMA's focus groups. After seeing the IMA's proposals for the shake-up, I would suggest they definitely should be.

A scheme aimed at preventing people losing their homes in England proved to be below target but above budget, according to a report by the Audit Commission.

I have long been of the view that when economic historians review the last 20 years they will condemn Gordon Brown as one of the worst Chancellors (and Prime Ministers) we ever had.