The Co-operative Bank has said it expects to shell out a further £100m in compensation to cover "revised" estimates on claims made over the sale of PPI.

The UK unemployment rate fell 0.1% in the three months to July to 7.7%, according to the Office for National Statistics.

One in five consumers will seek out financial advice for the first time in order to prepare for retirement, according to Axa Wealth.

The Government is ‘woefully underprepared' for the impact a rapidly ageing population will have on society and public services, a Lords Committee has warned.