Former City regulator Sir Howard Davies has joined the board of Prudential as a non-executive director.

Norwich & Peterborough Building Society (N&PBS) has written to Keydata-exposed customers to say their complaints will remain unresolved for at least five more weeks.

Network the Lighthouse Group will merge its Temple and GP businesses to relaunch them under the national brand Lighthouse Financial Advice.

Lifemark, the cash strapped Luxembourg-based backer of Keydata bonds, is embroiled in a multi-millon dollar legal battle in the US Court of Appeal.

The Queen has canceled this year's Palace Christmas party in a show of "restraint" during the current age of austerity, according to a spokesperson.

The Financial Reporting Council (FRC), the Pensions Ombudsman and the Pensions Protection Fund Ombudsman will all face radical reform under government plans to overhaul the nation's quangos.

ISA allowances for the next financial year could be as high as £10,680 as savers benefit from a Retail Price Index (RPI)-linked increase.

The Monetary Policy Committee (MPC) must inject a further £50bn into Britain's fragile economy to stave off a double-dip recession, the British Chamber of Commerce warns.

Bank of England governor Mervyn King yesterday encouraged regulators to take a more proactive stance in combatting risks to the financial system, warning banks' own risk models were not strong enough.

Editors of the Financial Times, Guardian, Reuters and the Times have written to the FSA urging it to scrap "misguided" anti-leak rules designed to curb journalists' contacts with regulated firms.