The Office for National Statistics reported that the UK the Consumer Prices Index (CPI) fell during December from 4.8% to 4.2%, a slightly bigger fall than expected by many experts. Read more ...

David Cartwright has left his position as head of research and development at Bluefin to join Defaqto.

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Which? has found huge variations in the cost of financial adviser services nationwide.

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Claims management companies made up almost half of cases brought to the Financial Ombudsman Service (FOS) during 2011.

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Economic think-tank the Centre for Economics and Business Research (Cebr) has forecast that the Bank of England base rate may not increase until 2016. It has been at 0.5 per cent since March 2009.

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A professional tax adviser and former Inland Revenue employee has been found guilty at Blackfriars Crown Court of trying to defraud taxpayers of £70m. He spent his cut of the stolen cash on expensive second homes, exotic holidays, works of art and luxury cars. Read more ...
The Government is to introduce new legislation to block a tax avoidance scheme involving post-cessation trade relief. Read more ...
Trade association AIFA has today announced that Stephen Gay, director general of AIFA and the Association of Mortgage Intermediaries (AMI), is to leave the organisation. Read more ...

The Treasury Committee has recommended that the Financial Conduct Authority should have a duty to promote competition for the benefit of consumers.

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The Bank of England base rate has been held at 0.5 per cent and the quantitative easing asset purchase programme is also unchanged at £275bn.

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