The market's fairly mute reaction to the banking rescue package suggests some feel it may not go far enough and investors should expect more turmoil to come, according to New Star's Guy de Blonay.

The Treasury has assembled an expert liaison group to help prepare legislation for key proposals in the Banking Bill.

Gordon Brown last night branded Iceland's failure to guarantee British savings in its failed banks as "totally unacceptable and illegal", amid warnings that more than 100 local councils, police authorities and fire services have up to £1bn lost in its...

The International Monetary Fund (IMF) has activated emergency measures to help countries with funding problems.

Stonehaven has cut interest rates for the second time in as many months on its equity release products for the under 70s.

The damage done to investor confidence is so immense that no single action can turn them round and even if banking collapses are averted then we are still staring global recession in the face.

HM Revenue & Customs (HMRC) is poised to launch a second ‘tax amnesty' in a move to encourage tax evaders to come clean and settle up, or risk future prosecution.

Henderson Group has warned it is unlikely to meet its £90m profit target for 2008.

WH Ireland has further postponed the launch of its UK focused Income Plus fund because of adverse market conditions.

The Treasury Select Committee is to hold a hearing on the economics of the housing market.