News

An analysis the FSA ordered from PwC into what went wrong at RBS cost more than £7.6m, according to a Freeedom of Information (FOI) request.

Prime Minister David Cameron has hinted the rise in VAT from 17.5% to 20% will be permanent but he hopes other measures to tackle the budget deficit such as the 50p tax rate for top earners would eventually be scrapped.

Taxpayers have been the biggest victims of a surge in large fraud cases, losing nearly £600m last year, according to KPMG.

Investment management firm and US ETF provider Vanguard is hoping to debut a range of ETFs in Europe this year.

Fidelity is looking to raise £162.1m in a new share issuance on its China Special Situations trust, run by Anthony Bolton.

Private medical insurers could be heading for a full scale conflict with medical practitioners as doctors' leaders are increasingly targeting providers' fee schedules.

A 98-year-old pensioner furious at being hit with overdraft charges has decided to turn the tables on her bank, by mimicking the demands it makes of her as a customer....maybe.

The European Commission (EC) is proposing to abolish execution-only services for non-complex financial products to eliminate uncertainty on which ones qualify as 'simple'.

Japanese police are investigating a man they believe hid the corpse of his father in a cupboard in order to keep receiving his pension cheques.

Risk-profiling tools are imperfect models which threaten to turn the art of investing into an imprecise science and should only be used as a guideline, says Ian Lowes.