Economics / Markets

The Treasury Committee has promised to monitor the benefits to consumers of changes introduced as a result of the Retail Distribution Review (RDR), after the Financial Services Authority (FSA) again said it would be sticking to its year-end implementation...

ECB president Mario Draghi has outlined details of a plan to buy unlimited amounts of eurozone nations' short-dated debt in an effort to stem the eurozone crisis.

The Organisation for Economic Co-operation and Development has made a sharp cut to its forecast for UK growth in its latest interim economic assessment.

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the interest rate at 0.5%.

Peter Hargreaves has criticised ministers for failing to shore up the economy, and omitting to "look in their own backyard" for solutions to the problem.

Royal Bank of Scotland (RBS) shareholders involved in a £3.3bn lawsuit against the lender and former directors, including Fred Goodwin, have seen similar allegations made in the US dismissed.

A "toxic combination" of low interest rates, spiralling inflation and the Bank of England's quantitative easing (QE) policy has hit over 50s spending power, Saga has said.

Facebook founder Mark Zuckerberg has said he will not sell any of his shares in the company for at least a year in a move to boost investor confidence, after shares in the social networking giant sank to a new low.

UK shares were once again lower this morning, extending yesterday's sharp losses as falls in Asia overnight impacted confidence.

Financial Services Authority (FSA) chairman Lord Turner has promised an independent inquiry into an IT glitch that affected millions of Royal Bank of Scotland (RBS), NatWest and Ulster Bank customers in June.