Lehman Brothers' creditors will have to wait to have assets totaling almost $9bn returned to them after the UK courts today dismissed an appeal to speed up the recovery process.

Demand is exceeding supply across the housing market, with estate agents registering five house hunters to every available property, according to the National Association of Estate Agents(NAEA).

Royal Bank of Scotland reports third quarter losses of £1.5bn following a near tripling of its bad debts write-offs between July and September.

The European Central Bank (ECB) today kept interest rates at a record low of 1% for the sixth consecutive month.

The FSA has fined UBS £8m - its third largest fine on record - for allowing four employees unauthorised access to at least 39 customer accounts.

Film and TV star Honor Blackman has waded into the battle over compensation for the one million savers who lost money in the Equitable Life fiasco.

Recruitment prospects in the financial services industry are better than they were a year ago, according to a survey by the Chartered Institute for Securities & Investment (CISI).

Insurance Council of Australia chief executive Kerrie Kelly has today been named as the new director general of the Association of British Insurers (ABI).

Aviva today lifts withdrawal restrictions on its unit-linked UK Property fund.

L&G has come out against recent Aviva proposals for a standardised 30% rate of tax relief, saying such a scheme is "an attack on pensions savings".