The Financial Services Compensation Scheme (FSCS) will cut the compensation limit for savers from �85,000 to �75,000 from January 1, 2016.
Giant accounting firm KPMG will take over the lucrative audit of Barclays' books from 2017, the bank announced today, bringing PwC's long-term tenure to an end.
More than �800m has been wiped off Royal Bank of Scotland following claims it could face a $13bn (�8.3bn) bill over the sale of toxic mortgage assets in the years leading up to the financial crisis.
Sir Howard Davies's report on airport capacity this week is the third official recommendation of an extra runway at Heathrow in the past 12 years.
A NO vote in Sunday's referendum in Greece would “test” the defences established in the UK and Europe against financial instability spreading, the deputy governor of the Bank of England has warned.