The Bank of England considered cutting rates by even more than 1% this month, the latest minutes from the Monetary Policy Committee's (MPC's) meeting reveal.

The US Federal Reserve last night cut interest rates to a range of 0% to 0.25% last night as the country battles a tough recession.

An early payment scheme that would make £1,000 immediately available to depositors with Kaupthing Singer & Friedlander (Isle of Man) is being proposed.

Ignis Asset Management says it may cut up to 35 Glasgow-based staff across all business operations, including fund management.

US stock markets rose cautiously yesterday on the back of the Federal Reserve's historic decision to cut interest rates to 0.25%.

Brokers have expressed shock at the timing of Abbey's move to tighten its affordability calculations, but have admitted it is now inevitable other lenders will now follow suit.

The world's biggest fraud could have been averted if the Securities and Exchange Commission (SEC) had acted on numerous warnings about Bernard Madoff's financial impropriety years ago, the regulator's chairman admitted last night, The Times reports....

F&C Asset Management will cut between 60 and 100 jobs under plans to reduce its cost base by 10%.

An early payment scheme that would make £1,000 immediately available to depositors with Kaupthing Singer & Friedlander (Isle of Man) is being proposed.

This time of year is always weird for me. Where on Earth has it gone? The New Year only seems like yesterday. What happened? Did someone steal eleven months while I was asleep?