Housing Minister Grant Shapps said today plans for a national register of landlords in England will be scrapped by the Government.

Jon Maguire says he will "never allow the same mistakes to happen again" that led to the suspension of the CF Arch cru fund range in March 2009, as he embarks on a new investment venture.

Robert Sinclair, director of the Association of Mortgage Intermediaries (AMI), says the market is starting to rejuvenate after thousands of brokers were forced out during the past two years.

Annuity rates have fallen below 6pc for the first time in 20 years as a result of falling bond yields, increased longevity and the impact of Solvency II.

NatWest Intermediary Solutions is the latest lender to announce job cuts.

During the early phases of the RDR there was a great deal of very well organised consultation on the shape that the programme should take, and industry stakeholders of all shapes and colours were extensively involved.

Prime Minister David Cameron is set to deliver his starkest warning yet about the action needed to tackle Britain's budget deficit and public debt.

George Osborne is preparing to unveil a range of key-opt outs to CGT rises, including for Britons approaching retirement, as opposition grows against a blanket tax hike.

Guy Naggar and Peter Klimt, whose Dawnay Day property investment business collapsed during the credit crunch leaving creditors out of pocket, have bagged a windfall of nearly £44m.

Spanish banking giant BBVA is considering a £2bn takeover bid for the British arm of National Australia Bank (NAB), which includes Clydesdale and Yorkshire banks.