The Tories faced renewed questions over their links to rich tycoons last night after accepting a £500,000 donation from a City boss who revels in his comparison to a notorious Hollywood villain.

The FSA will recruit 30 more lawyers and investigators to combat commercial crime, even as it faces being broken up, according to reports.

The Keydata victims website has been relaunched after its predecessor was forced to shut-down following a libel dispute.

Will writing practices will become more unscrupulous, or even illegal, unless the Legal Services Act is amended before its implementation next year, law firm Moore Blatch says.

The Keydata saga was further complicated this week as a row broke out between Norwich & Peterborough and the FOS over the sales of Keydata plans through the building society.

News from financial fools beyond the help of even the Government's basic advice service. Today, two canny citizens try to cheat death and taxes.

Norwich & Peterborough's (N&P) chief executive says its customers lost money in Keydata because of fraud, not mis-selling, and he has passed the buck for compensation to the FSA and FSCS.

A UK investment fund has emerged as Lifemark's best hope for a rescue deal after US hedge fund CarVal walked away from talks, the fund's administrator says.

The FSA fined IFAs nearly a million pounds in the seven months to July, over three times as much as the whole of 2009.

The Government is asking Britain to vote on where the axe should fall in the next round of public spending cuts, with one option being the abolition of cash altogether.