Bank of England governor Mervyn King has urged investors and public authorities to pay less attention to ratings agencies, which he said have often "rushed" to downgrade.

The Bank of England has proposed setting up an internal oversight committee to monitor and assess the processes employed in making financial stability policy decisions.

The Money Advice Service's (MAS) senior management team shared a bonus of more than £100,000 in 2010/11, it has been revealed.

HMRC staff are set to go on strike on 31 January, the self assessment filing deadline day.

It's our round-up of the stories your clients may have read in the nationals over the weekend and this morning...

The Prime Minister David Cameron has rejected calls from an MP for an independent inquiry into the Arch Cru investment funds scandal.

Arch Financial Products is being sued for £150m by the board of 18 Guernsey-listed investment vehicles for not exercising a fundamental care of assets and failing to account for "substantial secret profits", according to reports.

Stephen Gay, the outgoing director of AIFA, has defended his tenure in the role and insisted his achievements have not always been recognised by the community, but said he believed it was the right time to move on.

AIFA director general Stephen Gay is to leave the Association of Independent Financial Advisers (AIFA) to become director of life, savings and protection at the Association of British Insurers (ABI).

The Treasury Select Committee (TSC) today highlights the FSA's swift dismissal last year of a proposal to delay the introduction of RDR as evidence of accountability and culture failings at the regulator, and said the same problems must not "plague" its...