News

John Darwin, the ‘canoe man' who defrauded life insurance and pensions companies out of hundred of thousands of pounds, has been freed from jail.

Financial secretary Mark Hoban was forced on the defensive after MPs warned the Mortgage Market Review could have a "disastrous" effect on the economy if wrongly implemented.

Paul Whitehouse (SPOILER ALERT: He's a ghost) stars in the latest Aviva TV advert, this time plugging life cover. But does it work?

The boss of Santander may be forced to step down on fraud charges in a move which could see float plans for its UK arm delayed.

Best Doctors has expanded its Australian operation by signing an extension with MLC, the wealth management division of the National Australian Bank (NAB).

MTS has upgraded its Italy and ex-Bank of Italy indices to become part of its EuroMTS range, enabling their use for ETFs.

The FSA has fined Barclays £7.7m, the highest imposed for retail failings, for poor investment advice linked to the sale of two Aviva funds, and has secured £60m in redress for customers.

Inflation edged closer towards 4% in December as the rising cost of food and oil products continued to hit the price of goods and services.

The absence of consumer complaints in the IFA sector does not necessarily point to competence or good quality advice, the FSA says.

Northern Rock will begin seeking out potential bidders today in the first tentative steps towards returning bailed-out banks to private ownership.