Britain's two state-backed banks have retreated from lending to the London property market since the financial crisis, in a sign of caution amid fears of an inflating housing bubble.

A row has broken out over the cost of setting up all of the public bodies needed in an independent Scotland.

National advice firm Chase de Vere has reached a settlement with the Financial Services Compensation Scheme (FSCS) for an undisclosed sum to deal with claims of poor advice in relation to its sale of Keydata products.

The Financial Conduct Authority (FCA) has fined Martin Brokers (Martins) £630,000 for misconduct relating to the London Interbank Offered Rate (LIBOR).

Compliance which adds little to the client experience except an extra layer of cost is on the regulator's radar as an area of concern it is investigating, Financial Conduct Authority (FCA) technical specialist Rory Percival has said.

An independent inquiry into the Financial Conduct Authority's (FCA) release of information about its investigation into the fair treatment of long standing life company customers could cost up to £10m, according to a costs lawyer.

Nearly three quarters of firms are still failing to show clients the true cost of advice, following a "wake-up call" FCA review which has already put two firms at risk of enforcement action.

Chancellor George Osborne has written to the chairman of the Financial Conduct Authority (FCA) criticising the regulator for its "damaging" behaviour in releasing details of its investigation in to insurance policies before a formal announcement.

Thousands of ‘accidental Americans' could be unwittingly caught by the Foreign Accounting and Tax Compliance Act (FATCA) from July, leaving them exposed to US tax liabilities, Vestra Wealth has warned.

The 40% income tax threshold will rise this year and next, Chancellor George Osborne has said in the Budget.