News

David Ingram, technical director at support services provider threesixty, has left the company to become an industry consultant.

The chairman of HM Revenue & Customs(HMRC) has apologised for the treatment of taxpayers after the service was attacked by MPs.

The Building Societies Association (BSA) believes regulatory intervention has provided a major barrier to insurance purchases and that the FSA's approach is "pretty flawed".

Skandia Investment Group (SIG) has launched a new service enabling advisers to provide a discretionary management style service.

Fidelity's Anthony Bolton has said he expects changes to US listings regulations following concerns over reverse takeovers and admitted market conditions in China have surprised him.

The Association of Medical Insurance Intermediaries (AMII) has called revelations of NHS Trusts using cost cutting tactics that result in patients dying or force them into private treatment as "a cynical approach" and "regrettable".

US growth for Q2 has fallen short of analyst expectations to 1.3%, while the Q1 figure has been sharply revised down from 1.9% to 0.4%.

Who moved where in another busy week in financial services...

Inflation in the eurozone dropped 0.2% to 2.5% in July, surprising analysts which forecast the figure to remain unchanged.

And five big stories this week were...