Charlie Bean, Bank of England deputy governor, says the UK's savers should "eat into" their reserve cash now to help them survive historically low interest rates.

Royal Bank of Scotland, which is more than 80% government-owned, is planning to cut another 500 jobs, mostly in the investment banking division in London.

The FTSE 100 opened lower this morning, down 0.31% to 5,529, as miners saw falls across the board.

The massive shake-up at the top of the UK's biggest banks will continue as HSBC prepares to announce major changes to its senior management amid reports of a boardroom power struggle.

The Independent Commission on Banking (ICB) is mulling whether to split banks' retail and investment operations.

Standard Life CEO David Nish’s comments that the life insurer is keen to start exploring other distribution routes besides advisers, including direct to consumer and via employers, are still sending shock waves through the industry.

The US central bank has decided not to take further action to rejuvenate the country's economy but hinted it may do more later if needed.

Andrew Hagger of Moneynet says if there was ever a time when brokers were needed it is now.

I was saddened to read of the death of the French cyclist and sporting icon Laurent Fignon.

The PFS's plans to publish a ‘plain English' version of the FSA's RDR guidance are to be applauded.