Industry

The chairman of the Financial Services Authority (FSA) has suggested Parliament will have to give the Financial Conduct Authority (FCA), one of its successor bodies, even greater powers to protect consumers.

RBS chief executive Stephen Hester has warned if the UK economic recovery is weaker than expected, the bank's results will suffer, a week on from renewed bailout fears for RBS.

Saffron Building Society's John Eastgate on why direct channels still cannot compete with intermediaries

David Cameron has promised up to 200,000 extra affordable homes as he unveiled plans to extend Margaret Thatcher's 'right-to-buy' programme.

John Cridland, director-general of the CBI, is calling for a raft of measures to help first-time buyers, including revitalised Mortgage Indemnity Guarantee schemes to reduce the risk of higher loan to value mortgages.

The Treasury and Financial Services Authority(FSA) are heading for a clash over a proposal to allow bidders for Northern Rock's "good" bank to take about £500m out of the lender.

The FSA today confirmed the merger between the Yorkshire Building Society and its smaller rival Norwich & Peterborough(N&P) which will complete on 1 November.

Estate agents and property developers who handle sales of property and land in the UK are to be issued with draft guidance on how to comply with the law.

The FSA today handed out the second largest fine for an intermediary to a London-based mortgage for repeated mortgage fraud and deliberately misleading the regulator.

Overall lending for house purchases hit its highest level in almost a year in July, according to the latest figures from the Council of Mortgage Lenders (CML).