The FSA has fined inter-dealer broker Vantage Capital Markets (VCM) £700,000 for allowing a consultant to carry out unapproved functions for four years.

An HM Revenue & Customs (HMRC) debt collection officer has been jailed after pleading guilty to stealing almost £85,000 from taxpayers.

George Osborne will announce a bank tax on Tuesday aiming to raise £3bn amid criticism the levy could hit UK competitivenesss.

Hector Sants told FSA staff in a memo he hoped his decision to remain with the regulator would be a "welcome one".

Royal Mail's chairman is advising ministers to plan for a multi-billion pound stock market flotation in an options-open approach to privatisation.

The RDR will continue under the new financial regulatory structure, Hector Sants said today.

AIFA director general's departure will only increase uncertainty for IFAs

Chancellor George Osborne should focus on fixing mortgages, banking and the later life market, the Financial Services Consumer Panel (FSCP) says.

Advisers and industry leaders have expressed surprise over news Chris Cummings is to step down as director general of AIFA, as well as mixed reviews of his tenure.

The British Chamber of Commerce (BCC) warns the Government's planned rise in CGT on non-business assets would hit firms' assets too.