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

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.

'Stupid and venal' Libor riggers have tarnished the City, says Icap boss

One of the City’s biggest hitters Michael Spencer, founder and chief executive of the international broking giant Icap, today accused a handful of people of tarnishing the City through their Libor rigging antics.

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