Money raised through the Landsbanki wind-up will cover 100% of Icesave compensation costs to the UK only if the Government avoids a firesale, says the Treasury.
As we near the end of the year and start to reflect on the past twelve months whilst looking forward to the next with a renewed sense of vigour and positivity, my over-riding hope for 2010 is that we finally see some better solutions in the pensions arena....
The Government says it will explore ways of encouraging a more 'sustainable, transparent and standardised' mortgage-backed securities market in the UK.
A Treasury gilt auction failed for the first time in seven years today as investor fears grow on the state of the Government's finances.
As the housing market continues to struggle and the Bank of England Base Rate remains historically low, Matthew Wyles asks how long it will take for the economy to recuperate following these testing times.
UK taxpayers will own as much as 43.5% of the proposed Lloyds TSB and HBOS ‘superbank', under the new revised takeover terms.
The IMA has called on the Government to raise the yearly ISA limit to £9,600 - among a number of measures it hopes will boost the UK's investment industry.
Chancellor Alistair Darling is set to appoint Lord Adair Turner as the new FSA chairman, succeeding Sir Callum McCarthy who steps down in September.
Any hopes of an imminent interest rate cut appear extinguished after the UK official annual inflation rate soared to 3% in April.
The Society of Trust and Estate Practitioners have welcomed the Government's rethink on draft money laundering regulations which would have confused anyone who held their home in a trust.