News

Joseph Stiglitz, the former chief economist of The World Bank and a Nobel Prize winner, warns the future of the euro is "looking bleak".

Supermarket giant Tesco's plan to march into the home loans business this autumn is facing a severe delay: the grocer has yet to receive permission from the City watchdog to offer mortgages.

Technology provider 1st Exchange has called for the industry to use plain language to ensure product information is jargon free and more accessible to consumers.

Northern Rock's "bad bank" has been merged with Bradford & Bingley(B&B)in a single holding company to try to improve taxpayer returns.

Advisers need to budget profits as an essential ‘cost', on a par with rent and staff wages, or risk going out of business, warns the head of financial planning at Macquarie Bank UK.

It is not all bad news you know. Try our weekly round-up of reasons to be cheerful...

Thames River multi-managers Gary Potter and Rob Burdett are set to become one of the first investors in Nick Purves and Ian Lance's new RWC income products.

Advisory firms not actively preparing for the RDR will be considered investigation targets by the FSA, warns a City lawyer.

More than eight in ten Britons have made no provision for their funeral costs, new research suggests.

Friends Provident has managed to raise or hold steady final bonus rates on its with-profits policies as markets start to recover.