Mortgage approvals declined in February for the third consecutive month, Bank of England figures reveal.
The FSA must better assess the practical impact its ideas will have on the adviser community before introducing new regulations, urges its newest board member Amanda Davidson.
Inflation fell back to 3% in February after a sharp spike at the beginning of the year.
Bank and building society lending to UK businesses fell at the sharpest pace for over 10 years in January, according to Bank of England figures released today.
Leigh Harrison, co-head of UK equities at Threadneedle, says the market has a number of obstacles to overcome before UK equities can start making good progress.
The Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold its quantitative easing programme and maintain interest rates at their historical low, its minutes reveal.
The deputy governor of the Bank of England has warned the Government's borrowing costs could rise if quantitative easing is withdrawn.
Moneyfacts has revealed that state-funded banks charged higher than average rates on their products over the last year, despite the Bank of England base rate remaining at 0.5%.
Prudential rushed last night to complete a Hong Kong listing for its shares amid doubts investors would approve its record $35.5bn acquisition of AIA, the Asian division of American International Group (AIG).
Interest rates were today held at 0.5% by the Bank of England's Monetary Policy Committee (MPC), marking one year since they hit the record low.