Bank of England Governor Mark Carney has admitted his surprise Mansion House speech last month was deliberately designed to 'shake up the markets'.

The UK economy expanded by 0.8% in Q1, slightly below economists' expectations.

Hargreaves Lansdown's shares rose on news the government is set to increase the personal ISA allowance to £15,000, whilst life company stocks tumbled, after chancellor George Osborne unveiled the latest Budget.

The Financial Conduct Authority (FCA) will not seek to pre-approve products, according to CEO-designate Martin Wheatley.

The Financial Services Authority (FSA) is to produce fewer and more concise consultation papers in an attempt to better connect with firms.

The Financial Conduct Authority (FCA) will be run as a consumer champion and not for the benefit of member firms, according to a leading regulatory lawyer.

Two marketers acting on behalf of claims management companies have been fined £250,000 by the Information Commissioner's Office, in the first case of its kind.

The Financial Skills Partnership (FSP) is to launch a plan to train 150 unemployed graduates as financial advisers.

CMCs

Sesame Bankhall Group, Lighthouse Group, Tenet Group and Intrinsic have all announced support for the Association of Independent Financial Advisers' (AIFA) ‘Fair Liability 4 Advice' campaign.