A banking revolution is being plotted by two City grandees who want to bring 'traditional' lending back to Britain's high streets.

The Government is set to index private sector pension increases to the CPI in a move that could cut £100bn from scheme liabilities.

The latest Legal & General Fundamentals, exclusive to IFAonline, looks at the causes of volatility in equities markets over the year to date.

George Osborne's austerity budget will cause 1.3m job losses over the next five years according to Treasury figures.

This will go down as one of the most controversial Budgets of modern times...but it could have been even more dramatic

Lehman Brothers is to sue JP Morgan Chase for billions of dollars of 'lost value'.

Britain and France are at odds with other European Union countries over plans to insure against future bank failures, in another sign of the problems in trying to forge a common response to the bloc's economic woes.

Bundled pricing is more cost effective for the vast majority of clients, according to Fidelity's Gary Shaughnessy.

Debt reduction is "the most urgent issue facing Britain," according to the Con-Lib coalition's Programme for Government, published today.

Brokers are still the first port of call for borrowers as mortgage lending via intermediaries rose to 62% of all property finance in Q1 this year.