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The British Bankers Association (BBA) has come under fire from a former member of the LIBOR compilation team at Thomson Reuters, who claims the organisation was told on a weekly basis in 2008 that the rates were being distorted.

A former chief executive of The Lighthouse Group has joined the growing number of shareholders that say they will not vote in favour of the Lighthouse directors' proposal to delist from AIM.

The UK economy shrank by 0.7% in the second quarter of the year, a far worse contraction than economists had forecast, keeping the UK mired in recession.

GDP data released today is expected to paint a miserable picture for the UK economy, with a contraction in growth forecast for the second quarter.

In light of the furore around Lighthouse's proposal to de-list from AIM, Nicola Brittain considers the costs and benefits of being a publically listed advisory company.

Sentiment among UK and European financial advisers has fallen to its lowest level in 12 months, according to a recent global report.

The number of companies, governments and other institutions facing downgrades doubled in the first half of 2012, according to Fitch Ratings.