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Royal Bank of Scotland has climbed more than 16% in early trading this morning after weekend reports suggested it could offload up to a quarter of its non-core businesses.

The Government should consider imposing caps on the amount mortgage companies can lend to homebuyers, the Bank of England's deputy governor has said, according to a report in The Telegraph .

A fresh stimulus to the economy through tax cuts or spending on public works projects could come in the April Budget, a government document released by Gordon Brown hinted yesterday, according to The Times .

Allen Stanford, the flamboyant Texan billionaire and cricket impresario who sponsored a $1 million-a-man match in the West Indies, was charged in the US yesterday in connection with an alleged $9.2bn (£6.4bn) investment fraud, The Times reports.

An action group set up to challenge the proposed increases in FSA fees for financial advisers has been established.

Lloyds could be forced to write off a further swath of loans made by HBOS to hundreds of companies, after figures showed many of the loans are worth only a fraction of their original value, The Guardian reports.

Hargreaves Lansdown expects an explosion in client numbers over the next six months as more investors seek shelter from tax burdens.

Executives and staff of the Financial Services Authority (FSA), the chief City regulator, are in line for up to £33 million of bonuses and pay top-ups this year, The Times reports.

Specialist mortgage comparison website company Mform has gone into administration.

The Mortgage Trading Exchange (MTE) has doubled its market share of all mortgage transactions processed in the UK in the past 12 months.