RSS Financial

FSA lowers customer fairness bar
The City watchdog is folding the long-running TCF initiative into normal prudential supervisory visits a move that will save it what it admitted was ‘resource intensive’ work

What is a Money Market?

Jobless level highest since 1997
LONDON (Reuters) - Unemployment rose to its highest level in more than a decade in the three months to September as the economy tips into recession, official data showed on Wednesday.

Buy-to-let troubles linked to new rules
A study finds that roughly half of outstanding buy-to-let mortgages show higher levels of arrears than those packaged earlier, before underwriting standards were relaxed