The UK recovery is losing momentum and will slow over the winter but chances of a double-dip recession are "exaggerated", according to the Ernst & Young ITEM Club.

The government is expected to announce this week it will treble proposed compensation payouts to Equitable Life policyholders to £1.5bn.

Entrepreneurs and the self-employed will benefit from government plans to allow unused pension allowances to be carried forward by up to three years, according to Hornbuckle Mitchell.

The industry has welcomed the Treasury's plans to simplify the pension allowance system but should it go further to encourge long term saving?

Just a quarter of all new home loans in August were remortgages which is the lowest proportion in 10 years, according to the CML.

Mortgage broker Christopher Farrell, a contestant in this year's series of The Apprentice which starts next week, is on police bail after being arrested on suspicion of fraud.

Complaints against personal investment firms, the majority of which are IFAs, climbed 46% to 20,398 between H2 last year and the first six months of this year, FSA data shows.

Support services giant threesixty has negotiated a reduction on platform charges for IFA clients using Axa's Elevate Wrap platform.

Gold catapulted to a new high yesterday, charging above $1,300 an ounce for the first time.

Should the regulator be in the firing line after the Keydata compensation announcement?