Parliament

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New laws passing through Parliament could see bankers found guilty of "reckless misconduct" jailed for up to seven years.

Labour MP Paul Blomfield will introduce a private members bill on Wednesday with the aim of creating a harsher regulatory environment for payday lenders.

Yorkshire Bank has "serious questions to answer" over failed property scheme Arck LLP - now under investigation by the Serious Fraud Office (SFO) - which left investors millions of pounds out of pocket, an MP has said.

MPs on the Work and Pensions Committee have welcomed the government's move to ban consultancy charging on auto-enrolment schemes.

Phil Hodkinson, the former finance director of HBOS, has bowed to pressure and resigned as senior independent director of Resolution, the life assurance group .

The Financial Services Authority (FSA) failed consumers and the Financial Conduct Authority (FCA) must take a "radically different approach" to regulation, a group of influential MPs has said.

The government has given its backing to the Money Advice Service (MAS), in spite of growing discontent with the industry-funded operation within Westminster.

The Treasury was too slow in nationalising Northern Rock during the height of the financial crisis, one of its top civil servants has said.

The Public Service Pensions Bill 2013 will today be announced in parliament amid controversy over major strike action by unions.