23/09/2008
Alistair Darling on Monday announced an "urgent review" of banking regulation and a minister admitted the government had failed to impose sufficient controls on the City.
The chancellor told Labour’s conference in Manchester he had asked Lord Turner, new... more »
22/09/2008
A challenge to the right of employers to make people retire at 65 has been rejected by a European court adviser.
An Advocate-general, a senior legal adviser to the European Court of Justice, backed current UK rules - although... more »
20/09/2008
The new chairman of the Financial Services Authority (FSA) has said it could penalise banks who pay bonuses that encourage excessive risk-taking.
Lord Adair Turner told BBC News that the FSA would not regulate how much was paid, but... more »
21/04/2008
The pound lost ground on Monday after the Bank of England announced plans to ease liquidity conditions squeezed by the recent credit crisis.
The central bank said it would offer to swap government bonds worth £50bn for riskier mortgage-backed... more »
20/04/2008
Companies are tightening their belts as the credit crunch begins to have an impact on their businesses, with growing numbers planning recruitment freezes, redundancies and other cost-cutting measures, according to two surveys by accountancy firms.
Baker Tilly found that... more »