News

Jim O'Neill has publicly ruled out following in the footsteps of Mervyn King and taking on the role of governor of the Bank of England.

Fund managers including Richard Pease, Harry Nimmo, Richard Buxton and rising star Philip Rodrigs were awarded the top Honours at the fifth Morningstar OBSR Awards last night.

Banks need to become ‘simple and boring' if they want to restore public trust in the sector, according to the chief executive of Lloyds Banking Group.

The Treasury Committee has promised to monitor the benefits to consumers of changes introduced as a result of the Retail Distribution Review (RDR), after the Financial Services Authority (FSA) again said it would be sticking to its year-end implementation...

ECB president Mario Draghi has outlined details of a plan to buy unlimited amounts of eurozone nations' short-dated debt in an effort to stem the eurozone crisis.

The Financial Services Authority (FSA) has proposed a set of rules which aim to maximise and speed up client money returns when investment firms fail.

The Organisation for Economic Co-operation and Development has made a sharp cut to its forecast for UK growth in its latest interim economic assessment.

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the interest rate at 0.5%.

Howard Davies, the former chairman of the Financial Services Authority (FSA), is to head up a commission looking into the possibility of a new airport in the south east, according to reports.

Peter Hargreaves has criticised ministers for failing to shore up the economy, and omitting to "look in their own backyard" for solutions to the problem.