News

Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.

The Department of Work and Pensions (DWP) has admitted it overestimated the number of workers who will be auto-enrolled by the end of this parliament.

The Chartered Insurance Institute (CII) has called on financial planners to volunteer in schools, as part of a campaign to encourage financial education.

Former RBS chief executive Sir Fred Goodwin has had his knighthood cancelled and annulled by the Queen.

L&G has given the use of Subject Access Requests (SARs) a ringing endorsement and said they produce much better results than other methods of obtaining medical information.

The Financial Ombudsman Service (FOS) looks set to hold its ground on plans to include the names of businesses involved when it starts publishing final decisions.

The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs).

The European Commission has officially asked Luxembourg to change its rules on VAT in the case of independent groups of persons, saying the principality's current rules are incompatible with EU law.

The Isle of Man has been praised for its role in supporting the UK economy by the Lord Mayor of the City of London on the occasion of his first visit to the Island.

Standard Life is cutting some bonus rates on its UK with-profits plans from 1 February, in a move which will impact about half of the insurer's total policyholders.