Business secretary Vince Cable has urged the government to make failed bank Royal Bank of Scotland (RBS) a state-run business lender.
Analysts are predicting a wave of increases in mortgage interest rates after Halifax announced it would increase its standard variable rate (SVR) to 3.99% from 3.5% in May.
The UK's failed lenders, Northern Rock and Bradford & Bingley, today reported total profit for 2011 had surged 145% to almost £1.1bn.
Taxpayer-owned The Royal Bank of Scotland (RBS) made a £2bn loss last year, its fourth straight year of losses since its 2008 bailout.
A trio of advisers reveal which products they use for their Asian income exposure.
The Royal Bank of Scotland (RBS) director responsible for remuneration has defended awarding chief executive Stephen Hester a bonus worth £963,000.
The Advertising Standards Authority (ASA) has ruled that TV ads for Royal Bank of Scotland (RBS) and Natwest misled consumers.
A number of UK bankers have been arrested following an investigation into tax fraud by HMRC.
Royal Bank of Scotland (RBS) has been ordered by the Isle of Man regulator to pay compensation to the family of a man following a mis-selling investigation.