Norwich & Peterborough (N&P) has had its financial strength rating downgraded by Moody's, a week after the building society revealed it faces a £57m Keydata compensation bill.

Tax evaders hiding money offshore have a week to own up or face tax of 200% says HMRC, in its final warning before the end of the financial year.

Scottish Widows Investment Partnership (SWIP) has appointed ex-BlackRock COO Archie Struthers as director of investment solutions.

Harriett Baldwin MP is calling on the government to use a reprieve on red-tape for small businesses announced in the Budget to exempt small IFA firms from the RDR.

The FSA has issued a warning to investors against dealing with unauthorised stockbroking firm Sino Trade Europe which it believes may be targeting UK customers.

The Treasury Select Committee (TSC) is to investigate corporate tax avoidance amid public pressure for action on companies seen as paying less than their fair share.

Standard Life Investments (SLI), one of BP's top 10 investors, has withdrawn its backing for the oil giant's deal with Russian energy group Rosneft after warning share swaps alone "rarely do anything positive".

ETFs and SIPPs have been earmarked as ‘emerging risks' by the newly set-up Coordination Committee (CC) which unites the FSA, OFT and FOS.

The FOS must make a final decision on the level of its reserves this month, as firms' continued refusal to pay fees linked to payment protection insurance (PPI) cases look set to exhaust funds and force levies to rise by as much as 25%.

KPMG, PwC, Deloitte and Ernst & Young have offered to reform the way they operate ahead of what is expected to be a highly critical report on their role in the financial crisis and lack of competition in the sector.