Industry

George Osborne and Vince Cable are set to go head to head over the Vickers' report into banking reform, as they debate the timetable for ringfencing retail banking operations.

The Building Societies Association (BSA) believes regulatory intervention has provided a major barrier to insurance purchases and that the FSA's approach is "pretty flawed".

A mortgage broker convicted of making almost £1m from a £2.24m fraud has been ordered to pay back £240,000.

A mortgage broker who tried to sue the Financial Services Authority (FSA) for £1.67m has had his libel case thrown out by the High Court.

A former legal executive has been jailed for five years for her role in a £1.25m fraud involving fake mortgage applications.

Mortgage Solutions editor Victoria Hartley talks to Sheila Nicoll, FSA director of conduct policy, at the Building Societies Association conference.

Coutts, the private banking arm of RBS, has changed its lending criteria for mortgage clients who will need to have £1m of investable assets before it considers applications.

Nationwide Building Society has announced it is to restrict the maximum LTV of its interest-only mortgages to 75%.

Nationalised lender Northern Rock plc has revealed it is to cut up to 680 jobs by the end of 2011 in an attempt to rein in its costs in "very challenging" trading conditions.

Stamp duty land tax rules for bulk buyers of residential property are to be reformed, George Osborne has revealed in the Budget 2011.