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Mark Carney to earn £480,000 per year for new Governor role
- Thursday, 20 December 2012
- Articles
The incoming Governor of the Bank of England Mark Carney will earn £480,000 for his position next year.
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Towry raises £35m of equity for expansion plans
- Wednesday, 19 December 2012
- Articles
Towry has announced it has raised £35m of new equity to provide additional funding for its expansion plans.
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Bank of England favours no increase to QE programme
- Wednesday, 19 December 2012
- Articles
This month's minutes from the Monetary Policy Committee meeting on 5-6 December show that member David Miles remained the sole member to support an increase to the asset purchase programme.
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UBS fined £940m by international regulators for Libor manipulation
- Wednesday, 19 December 2012
- Articles
UBS has been fined £940m by regulators in the UK, US and Switzerland for its manipulation of the Libor rate between January 2005 and December 2010.
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Consumer panel's expectations for Financial Conduct Authority
- Tuesday, 18 December 2012
- Articles
The Financial Services Consumer Panel has said it expects the Financial Conduct Authority to deliver real change for consumers next year.
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CPI inflation remains at 2.7 per cent in November
- Tuesday, 18 December 2012
- Articles
Consumer price index inflation remained at 2.7 per cent in November, unchanged from October.
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Skandia launches unbundled platform proposition
- Tuesday, 18 December 2012
- Articles
Skandia has launched its unbundled proposition ahead of RDR with an RDR-compliant platform.
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FSA announces CF Arch cru redress scheme
- Monday, 17 December 2012
- Articles
The Financial Services Authority has announced firms who advised their clients to invest in CF Arch cru must contact them to see if want their case reviewed.
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Vanguard helps advisers to understand ETFs
- Monday, 17 December 2012
- Articles
Vanguard Asset Management has launched an exchange traded funds microsite to help advisers increase their knowledge of the ETF market.
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Savings rise for second consecutive quarter but remain at low levels
- Monday, 17 December 2012
- Articles
NS&I has announced savings levels have risen for the second successive quarter with Britons now saving 7.3 per cent of their income per month.
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