Regulation

Outgoing Bank of England governor Sir Mervyn King is to appear on BBC Radio 4's Desert Island Discs on Sunday.

Advisers have seen the number of complaints against them soar over the past year, however figures show that more than half of the cases were dropped by the ombudsman.

Payday loan companies routinely fail to treat their customers fairly and often encourage those struggling to repay the debt to extend their loan, according to research from the Citizens Advice Bureau (CAB).

George Osborne has started the sale process of the taxpayer stake in Royal Bank of Scotland (RBS) and Lloyds, within hours of both banks getting approval from regulators over their capital strength.

Financial Secretary to the Treasury Greg Clark has announced a Government strategy for the insurance sector to enhance its position as a leader in global business.

The Financial Conduct Authority is seen as little more than a re-branding exercise, as opposed to a change in regulatory focus, according to brokers surveyed by compliance consultancy UKGI.

The Financial Conduct Authority (FSA) is launching a strategic review into the claims process in general insurance.

The Financial Conduct Authority (FCA) has issued a rallying call to advisers and the wider industry to help it regulate, saying it "can't do it alone".

The government has rejected proposals to regulate the practice of will-writing, following a written request from the Legal Services Board (LSB) which said it had uncovered a "compelling case" for regulatory oversight of the industry.

The Bank of England has held interest rates for the 50th month in a row and opted not to increase the size of its QE programme at its May meeting.