Financial services firms have to wait on average eight weeks longer for FSA authorization than this time last year, according to City law firm, Reynolds Porter Chamberlain (RPC).

The FTSE opened higher in early trading by 20.32 points(0.39%) to 5231.50 as investors become more optimistic about prospects for a global recovery.

Interpol has issued an international arrest warrant for former Icelandic bank chief Sigurdur Einarsson.

George Osborne, the new Chancellor, is a member of the old Anglo-Irish aristocracy, being heir to the baronetcy of Ballentaylor in Co. Tipperary, Ireland.

How did 43-year-old David Cameron become the youngest PM in nearly two centuries?

Unfortunately, two IFAs standing for election last night failed in their bid to become MPs but they put up a strong fight.

Following Peter Mann's appointment as CEO at Skandia UK, IFAonline take a closer look at just who is running the UK life industry.

The FSA is investigating government-backed Lloyds Banking Group and RBS over poor complaints handling.

US rating agencies, Moody's and Standard & Poor's, have come in for heavy criticism from US Senators following an investigation of their role in the financial crisis.

Most financial service practitioners believe the FSA is losing its fight to stamp out insider dealing, research suggests.