Lending decisions made by individual banks are "infinitely more important" than the fiscal stimulus unveiled by the Government, according to Liberal Democrat Shadow Chancellor, Vince Cable.

Annuity rates headed downward in November, and further large falls are expected as interest rate cuts feed through to the bond market.

The FSA has told lenders to ensure they exercise the principles of TCF for customers on tracker mortgages.

More than one in every two firms fears a regulatory onslaught as a result of the credit crunch, research suggests.

Investment in Traded Life Policies, US-issued whole of life assurance policies sold before the maturity date, by retail and institutional investors has jumped 50% over the last year.

Friends Provident has promoted company veteran Steven Young to spearhead its e-business development.

IFA life has introduced a logo recognising excellence in financial advice websites which go beyond 'online brochures'.

Financial advisers are breaking ranks to defend the controversial blending of sales and advice in the FSA's Retail Distribution Review (RDR).

Deflation is unlikely to pose the same risk to Western economies as it did to Japan in the 1990s, according to Schroders' chief economist, Keith Wade.

Credit Suisse has announced it will cut 650 jobs in the UK as it struggles to deal with the financial crisis.