Cash in bank accounts will only be guaranteed up to a limit of �75,000 from January 1, 2016, the Bank of England has said, down from the current limit of �85,000, because of the euro's weakness against the pound.
The plan to offer retail investors a chance to buy a chunk of the government's holding in Lloyds Banking Group LYG -0.92 % is meant to sound like a shot at popular and inclusive wealth creation.
LONDON Global business growth was at its weakest since the start of the year in June as firms hiked prices at the fastest rate in nine months, a survey showed on Friday.
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.
OFCOM has ruled that EE must pay up after failing to provide customers with a satisfactory service. EE were fined �1 million after the industry regulator conducted a three year investigation between 2011 and 2014.