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Government adviser reveals his frustration at talk of bank kindness to zombie businesses

Regulator's tests to see if people are fit to work in City have 99.99% pass rate

In theory, the “fit and proper” test set by the City watchdog is a tough examination of the attributes of candidates whom banks put forward for the most sensitive of roles. But figures out yesterday reveal that nearly everyone passes. The regulator stopped just 30 applications from 227,000 – a rejection rate of only 0.013 per cent – in the last six years.

The recall dates back more than two years

British firms ordered to make checks after Dutch authorities recall 50,000 tonnes of meat

Every single meat product sold by two Dutch suppliers as beef in more than two years is under suspicion

Icap faces new inquiry in US on rate-rigging claims

Icap was tight-lipped after fresh allegations emerged linking it to investigations by regulators into the manipulation of interest rates.

New watchdogs launch inquiry into RBS IT fiasco

Bank could face big fines as it admits 'unacceptable' failure that blocked accounts

Pressure intensifies on the HBOS Three

The backlash against three former HBOS executives intensified today following a damning report into the bank’s collapse.

A scene from Panorama’s Undercover Care: The Abuse Exposed

BBC accepts resignation of 'Panorama' producer at centre of bribery allegation

The BBC has accepted the resignation of a senior producer on its Panorama programme who had been suspended following allegations of bribery.

Sir James Crosby at his home near Harrogate following his resignation as deputy chairman of the Financial Services Authority

Ex-HBOS head Sir James Crosby quits Bridgepoint role following damning report into collapse of bank

Former HBOS chief executive Sir James Crosby today stepped down from his role with private equity firm Bridgepoint following a damning report into the collapse of the bank.

HBOS executives Andy Hornby, left, and Lord Stevenson. Their apologies for the loss imposed upon the taxpayers ring hollow, says the report

Worse than Fred Goodwin! The verdict on the bank bosses who presided over the £40bn collapse of HBOS

Banking standards commission report dismisses ‘hollow’ apologies by HBOS management that staggering losses were due to unpredictable events of credit crunch, citing a ‘colossal failure’ of strategy by the board

Tomorrow is the FSA's final day

Julian Knight: Changing of the regulator guard ought to be good news for consumers

On Monday, the Financial Services Authority ceases to exist, to be replaced by the Financial Conduct Authority. The offices will be the same and the overwhelming majority of personnel remain.

Anthony Hilton: Can the banks have their cake and lend it out too? Something's got to give

I have no problem with the Bank of England being in charge of monetary policy and having the responsibility to help deliver stable prices and economic growth. Separately I have no problem with the Bank of England having overall responsibility for the stability of the financial system. The problem is whether it is possible for the Bank to do both at the same time.

City hit by record fines as watchdog vows to keep up pressure

Penalties hit £136m in first quarter as City fears era of 'fine inflation'

Five Questions About: The FCA

What's that? Something to do with football?

Simon English: Tidjane Thiam is a naughty boy and the Pru's not the Messiah

Outlook By most common consent Tidjane Thiam is a brilliant chief executive. He is also a very naughty boy, at least according to the Financial Services Authority. The £30m fine whacked on to the insurer, and his censure by the watchdog yesterday, are unusual in lots of ways and a clear indication of just how angry the FSA was and is with Mr Thiam.

Anger as banks are urged to raise extra £25bn by Bank of England

BoE on defensive as critics say chasing new capital will undermine economic recovery

The Business Matrix: Tuesday 26 March 2013

Shoppers on credit-card spree

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Uh-oh, winter is coming. Ouch, my eyes! Ygritte’s a goner. Lysa’s a goner. Tywin’s a goner. Look, a dragon
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'New Tricks' star Dennis Waterman is departing from the show after he completes filming on two more episodes
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The Etihad Stadium, home of Manchester City
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Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam