The Chancellor appears before the Treasury Select Committee (TSC) this afternoon to answer concerns about the accountability of the Bank of England

Britain faces a wave of home repossessions when interest rates begin to rise again, one of the country's leading bankers has warned.

One of the Bank of England's (BoE's) senior policymakers has hinted a further round of quantitative easing (QE) remains an option for the UK's central bank.

Peter Hicks, product director of UK equities at Fidelity, is leaving the company.

Two of the banking industry's biggest names were paid more than fifteen times their 2009 earnings last year, analysis suggests.

The government is set to force banks to ring-fence their retail operations from investment banking.

The Investment Management Association (IMA) has called for an independent review into the collapse of Keydata and other investment firms and said the scale of recent failures has not been seen since the Barlow Clowes scandal of the 1980s.

Nathaniel Rothschild emphasised his status as one of the most powerful brokers in the booming commodities market yesterday as he unveiled plans to raise £1bn in just 11 days.

The Bank of England (BoE) today held interest rates at a record low as concerns about sluggish growth outweigh worries over high inflation.

Bids to have lunch with Warren Buffett have topped $1.5m (£916,000).