The FTSE 100 opened down 1% this morning following sharp falls across most global markets on fears the Irish debt crisis could spread to other European countries.

Lord Young has quit as the Prime Minister's enterprise adviser after he told a newspaper many Britons had "never had it so good" despite a "so-called recession".

A law firm which presided over the disappearance of €9.8m (£8.4m) from a Global property fund sold through IFAs has been told it must pay back the missing money, a judge ruled today.

Our inbox has been filling up thick and fast with your RDR questions for MPs, who will debate the changes on 30 November. But so far they are all from men! Come on women IFAs, make yourselves heard, we know you can.

The Financial Services Compensation Scheme (FSCS) is to launch a £4m publicity campaign in the new year to boost consumers' awareness of its activities.

Tell us the questions you want raised at this month's Commons debate on the RDR and we will pass them along the Westminster corridors to the two MPs who called it, Harriet Baldwin and Mark Garnier.

Ministers will debate the merits of the RDR in the House of Commons on 30 November, officials have today confirmed.

The FSCS has denied claims Lifemark investors will forfeit their rights to compensation if they reject a planned rescue deal for the fund.

A group of 700 investors who lost millions in Keydata backer SLS Capital are sending their IFAs to meet lawyers raising a case against the fund's supervisors.

The Bank of England's nine-member Monetary Policy Committee (MPC) was split three ways over the direction of monetary policy at their November meeting, according to minutes of the gathering.