Economics / Markets

Merchant House has said the "complex" process of re-authorising advisers following its acquisition of IFA group Clarkson Hill in 2010 was a big contributor to group losses of £5.6m last year.

The maximum amount savers can put in an Isa is expected to rise to about £11,532 from next April, following rises in the cost of living, according to reports.

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.

Royal Bank of Scotland (RBS) has left the government's asset protection scheme which guarantees against losses from banks' riskiest assets.

Positive Solutions has made two new appointments to its board of directors in the latest of a series of moves at the company.

The Serious Fraud Office (SFO) has been forced to drop its investigation into property tycoon Robert Tchenguiz and his role in the collapse of Icelandic bank Kaupthing due to insufficient evidence.

The UK's main inflation rate has fallen to 2.2% in September from 2.5% in August, dropping to its lowest level for three years.

Households saved more money in the second quarter of this year as incomes improved, latest research has found.

Keith Carby's Caerus Capital has bought Paradigm Financial Advisers (PFA) from the Paradigm Group.

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