News

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

RBS to offload US banking business

The Royal Bank of Scotland is planning to cave in to the demands of its regulator and outline plans to put its American retail arm, Citizens, on the market next week.

Julian Knight: Time interest-only mortgage brokers were brought to book

I have had lots of emails following my latest investigation into interest-only mortgages. Many come from people approaching retirement age stuck on such deals with no proper repayment plan in place.

FSA to publish report on Libor-fixing

Britain's financial regulator is expected to publish its report into the Libor-fixing scandal early next month, it emerged yesterday.

Lloyds fined £4.3m for slow PPI payments

Antonio Horta-Osorio came under more pressure after Lloyds Banking Group was hit with a £4.3m fine for failing to pay compensation quickly enough to tens of thousands customers.

Five Questions About: Advice from banks

Thought we didn't trust banks any more. Why would anyone turn to them for advice?

Banks urged not to quit Libor panel

Banks have been told by the Financial Services Authority that they should not try to leave the panel which sets Libor because they fear becoming embroiled in the growing scandal over rate rigging.

Horses are pictured in a field beside the Peter Boddy slaughterhouse in Todmorden, north-west England

Bute painkiller in food chain 'for some time' - but you'd have to eat 500 horsemeat burgers a day to be affected

The horse painkiller bute, which is potentially harmful to humans, may have been entering the human food chain for some time through horsemeat produced in Britain, according to the head of the Food Standards Agency.

Santander faces fine after FSA puts banks to the test

Regulator's 'mystery shopper' exercise reveals industry still making basic mistakes

Market Report: Icap falls as Libor concerns persist

City scribblers think the time to buy Icap will come, but it is not quite yet. The interdealer broker has been caught up in the Libor scandal and US authorities are now reportedly investigating it as part of a widening inquiry into Libor interest rate rigging.

US looking into two City brokers over Libor rigging

US authorities are investigating the interdealer brokers Icap and  RP Martin as part of a widening probe into Libor rigging, it has  been reported.

Royal Bank of Scotland chief executive Stephen Hester speaks to the Parliamentary Commission on Banking Standards in London

£8 million a year? That’s modest, says RBS chief

Fury as chairman of shamed bank defends CEO’s remuneration to MPs

French meat food industrial factory, working on the production chain of beef steaks. A Europe-wide food fraud scandal over horsemeat sold as beef deepened as Romania announced an inquiry into the origin of the meat and suspicions of criminal activity mounted

Tesco admits its Everyday Value Spaghetti Bolognese was more than 60% horsemeat

Revelations come amid concerns that luxury meals could be next to be hit by scandal

Nations need trillions to spur growth, experts warn

The world’s biggest nations will struggle to raise an extra $8 trillion (£5.1 trillion) in badly needed investment without “far-reaching reform” of the global financial system, a panel of international experts warned today.

Radical new bid to clamp down on scandal in City

Code of conduct will hand more power to internal auditors in the fight against rogues
High street banks face another huge
mis-selling compensation bill

Victims caught in latest mis-selling scandal urged to beware of cold-call 'cowboys'

Small business owners already the subject of bank mis-selling are being targeted by unscrupulous claims management companies, some of which are looking to charge an up-front fee, a leading industry figure has warned.

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
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Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn