British taxpayers stand to make a £5bn profit from insuring the toxic assets of RBS and Lloyds, despite not yet having paid a penny.
Monetary Policy Committee inflation hawk Andrew Sentance has once again voted for a rise in UK interest rates.
Ben Blackett-Ord of Bovill reviews the separation of the FSA and asks whether anything really will change.
Henderson chief economist Simon Ward believes the Bank of England must stop ignoring strong UK inflation and raise interest rates.
Bank of England inflation hawk Andrew Sentance believes policymakers should start gradually raising interest rates on improving economic conditions.
UK inflation dropped for a second consecutive month to 3.2% in June, driven by falling petrol and clothing prices, according to the Office for National Statistics.
The Office for Budget Responsibility (OBR) needs to have its own staff and offices to head off criticism it lacks independence, outgoing boss Sir Alan Budd says.
The Bank of England's Monetary Policy Committee (MPC) today held interest rates at their historic low of 0.5%.
Lenders fear residential lending could be restricted further over the next three months, according to a Bank of England (BoE) report.
The Bank of England has warned UK banks will have to slash dividends and rein in bonuses for years to come if they are to boost reserves and ready their balance sheets for strict new rules.