Despite the Bank base rate being held at 0.5%, lenders are increasing average mortgage rates, widening the margin above the Libor, according to Moneysupermarket.

Adviser business levels have picked up in the last four months, leading many advisers to believe there could be a return to normality in a year's time, according to an IFA survey by Fidelity FundsNetwork.

Lloyds Banking Group has begun the process of repaying the taxpayer after raising almost £4bn from its shareholders through a rights issue.

Miners and banks weighed on the FTSE in early trading on Monday, the index dropping more than 43 points, or 0.98%, to 4,395.14.

Banking giant Barclays this morning confirmed it is in talks with US manager BlackRock over the sale of its Global Investors arm.

Aviva has launched a revamped website for advisers to coincide with its re-brand.

Skipton Guernsey has unveiled a range of guaranteed fixed rate sterling accounts paying up to 3% gross/AER.

The European exchange traded fund business needs to consolidate onto fewer exchanges in order to ...

Stability may be returning to the index-linked annuities market after several months of significant falls in inflation-linked annuity income, according to Alexander Forbes Annuity Bureau.

On Wall Street, markets saw a turbulent morning, after figures emerged showing US employers cut over 300,000 jobs in May.