Economics / Markets

UK CPI inflation remained at 2.7% in October, broadly in line with economists' expectations, as RPI inflation fell from 3.2% to 3%.

FIVE THINGS

Senior MPs want to call former Financial Services Authority (FSA) chief executive Hector Sants before the banking standards commission to explain how he will overhaul Barclays' troubled culture.

The Queen has spoken about "lax" City workers and a banking regulator which "didn't have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England

S&P said it could lower the UK's rating "if fiscal performance weakens beyond our current expectations".

Barclays could slash as many as 2,000 jobs from its investment banking arm as part of a broad restructuring of the company.

The US Federal Reserve has expanded the scope of its quantitative easing programme and suggested interest rates will not rise until US unemployment falls below 6.5%.

A Brewin Dolphin broker sparked a brawl after discovering a colleague was having an affair with his fiancé, a court has heard.

Incoming Bank of England governor Mark Carney has suggested struggling economies dump inflation-targeting in order to kick-start growth.

A transatlantic banking watchdog would protect American and British taxpayers from bailing out banks which are too big to fail, under new plans.