Northern Rock shareholders have lost their latest appeal against the Government's decision not to compensate them.

Lloyds Banking Group has appointed Sir Win Bischoff, the former chairman of US bank Citigroup, as its new chairman.

US stocks traded lower as a number of disappointing trading statements curbed recent investor appetite.

Royal London has reported a drop in its pensions and investment business in the first half of the year, blaming market volatility and a weak economic environment.

The Government wants the UK insurance industry to work more closely with it to manage risks in society.

UK stocks rose in early trade with the FTSE heading for its eleventh straight day of gains.

Wall Street share prices fell back in early trade as poor results from Microsoft dragged tech stocks downwards.

The FSA has been accused of betraying with-profits investors by allowing insurance companies to continue making compensation payments from inherited estates.

Venture capital trusts (VCTs) aid economic growth through their investments in small businesses, according to Albion Ventures.

Barclays Wealth has launched a new website allowing advisers improved access to the firm's structured products range.