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.

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee