Norwich & Peterborough (N&P) has confirmed troubled Keydata-backer Lifemark is in a position to repay in full the £1.5m borrowed from the building society in October.

Administrators of Lifemark, the troubled Keydata backer, have secured a three month stay of execution for the fund amid intense negotiations with a mystery backer.

A disqualified director who admitted losing and spending £14m of investors' money as part of Madoff-style Ponzi scheme has been jailed for eight years.

Official inflation figures due out today are misleading the public, according to international experts who say the data understates the true increase in the cost of living.

Barclays pre-tax profits jumped almost a third in 2010 to £6.07bn, slightly higher than analysts were expecting.

London Capital Group (LCG) has admitted it could face compensation claims of £7.7m after an unfavourable early ruling by the FOS forced it to u-turn on a previous statement that redress costs would be "immaterial".

A group of 700 Keydata SLS investors have raised the hundreds of thousands of pounds needed to escalate a legal case for compensation against the biggest names in global finance.

Friends Provident is facing calls to review hundreds of pension transfers after an IFA formally complained details about bonus guarantees had been left off a client's statement.

Stewart Ford, the former Keydata director whose firm's collapse drove the FSCS interim levy to the highest on record, has denied responsibility for the £326m fee and claimed advisers are a scapegoat for the FSA's mistakes.

The FSA will spend £100m implementing EU-wide insurance regulation Solvency II, which is "towards the low end" of original estimates but excludes "considerable" direct costs to the UK industry, FSA CEO Hector Sants says.