Novia will offer passively-managed funds from Vanguard Investments on its platform.

Alistair Darling says the Treasury could claw back even more in lost tax as Britain and other G20 countries move to tackle offshore evasion.

A breakdown in communications at the highest level between the US and the UK led to the shock collapse of the investment bank Lehman Brothers in September last year, a Guardian investigation has revealed.

The Organisation for Economic Cooperation and Development (OECD) proclaims an end to banking secrecy as it unveils an enforcement mechanism to ensure countries keep their promises about tax evasion.

US stocks pushed ahead, buoyed by financials, despite a hike in jobless figures.

Jersey-based Abbey International has launched a second edition of its 12 month fixed rate account, paying a guaranteed 3.5% gross/AER over 12 months.

Nucleus has bolstered its investment operations and finance teams with four appointments, including a new investment operations manager.

The Personal Finance Society (PFS) says the growing need to raise standards has helped it gain over 25,000 members since its creation in 2005.

Barclays Capital has re-launched two deposit accounts to sit in its Structured Deposit Series for Offshore Bonds.

The FTSE has opened flat despite a rally from miners and natural resources companies.