Economics / Markets

The Parliamentary Commission on Banking Standards is set to take evidence from the chairman and chief executive of Royal Bank of Scotland Group (RBS), Sir Philip Hampton and Stephen Hester,

South African financial services group, Sanlam has sold its 22% stake in Punter Southall to management of the firm.

Analysts at Barclays have expressed "surprise" at high pricing at the lower end of the platform market.

Hargreaves Lansdown has risen 5.8% to top the FTSE 100 leaderboard as the blue-chip index recovers from yesterday's decline.

Towergate has started targeting large UK-based companies in a bid to widen its customer base.

Creditors of collapsed advisory group Honister Capital have been told that trail commissions claimed by its former advisers actually belong to the group.

Economic output per person in the UK will not recover to its pre-crisis peak until 2018, according to the National Institute of Economic and Social Research (NIESR).

The Chancellor has insisted Royal Bank of Scotland (RBS) bankers, not the taxpayer, must pay the fines handed out over the LIBOR fixing scandal.

The Honister Capital administrator, Grant Thornton, has assured creditors that the 112 complaints it has received since the advisory firm went into administration will be dealt with by the Financial Services Compensation Scheme (FSCS).

The UK's leading share index pulled back from multi-year highs Monday following a surge last week, as investors took profits from winning shares.