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Gordon Brown last night branded Iceland's failure to guarantee British savings in its failed banks as "totally unacceptable and illegal", amid warnings that more than 100 local councils, police authorities and fire services have up to £1bn lost in its...

HM Revenue & Customs (HMRC) is poised to launch a second ‘tax amnesty' in a move to encourage tax evaders to come clean and settle up, or risk future prosecution.

International wealth and professional services firm Maitland has unveiled an office in Monaco.

Following consultation with the Isle of Man Financial Supervision Commission, the Board of Kaupthing Singer & Friedlander IoM has announced the company will be wound up.

The US treasury secretary, Henry Paulson, has signalled that the government could invest in banks as it tries to contain the deepening global crisis, as Asian central banks joined in the unprecedented coordinated global rate cut, report The Guardian...

The Bank of England's move to cut interest rates by 0.5% to 4.5% today is starting to filter down to consumers as several mortgage lenders announce rate cuts.

New Zealand has topped Alliance and Leicester International's (ALIL) poll of the best places to live, in terms of quality of life and cost of living.

The Bank of England, Federal Reserve and European Central Bank have announced emergency rate cuts today as the global financial and economic rescue effort steps up a gear.

Arch Financial Products has taken a 48% stake in Financial Partners Group (FP Group), one of the largest offshore IFA groups.

Industry commentators have welcomed the Government's bank rescue package, which they say will bring clarity and relative stability to the UK banking system.