News

Staff at RBS's investment unit have been told the company will not subsidise Christmas parties this year as it looks to cut spending.

Ernst & Young has downgraded its forecast for UK gross domestic product (GDP) to just 0.9% this year - significantly below the 1.4% it predicted three months ago - as it described the economic situation "worse than we thought".

Insurer Scottish Life is sending cheques worth an average £350 to more than 17,000 former with-profits investors after discovering it underpaid them when their policies matured.

Significant pressures in some local NHS areas are being masked by national statistics but overall performance is holding up well, according to the King's Fund.

Shadow Energy minister Tom Greatrex has secured a Parliamentary debate on the adequacy of the Arch cru investors' deal on offer from Capita, and the role of the Financial Services Authority in the fund range's downfall.

UK men and women are equal on financial product decisions in the UK, but there are stark regional differences, a new research partnership has found.

The Association of Medical Insurance Intermediaries (AMII) has announced the portfolio responsibilities of the individual members of its executive committee.

A landmark court ruling in the British Virgin Islands, based on one of the biggest Bernard Madoff feeder funds, will stop any BVI fund from being able to claw back investor redemptions.

Ten of this week's best-read stories...

Andy Reid, a British Army Corporal who suffered severe injuries serving in Afghanistan in 2009, has been named as the headline speaker at Ascentric's annual conference. Ascentric has unveiled details of its third annual conference which will explore...