Council staff pensions at risk from Woodford investments

Three Welsh local authorities have put in up to £10m in sister scheme hit by suspension of flagship fundCouncil workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensio…

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FCA report into RBS branded ‘complete whitewash’ by critics

Report says watchdog will take no action despite evidence of mistreatment of business customers after 2008 crashA report by the City watchdog into the scandal at Royal Bank of Scotland’s turnaround unit has been described as a whitewash after the regul…

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Bank of England warns over risky lending in mortgage market

Regulation chief says stricter rules could be imposed as price war threatens stability The Bank of England has raised a red flag over the state of the mortgage market, warning lenders that stricter rules could be imposed if they take on too much risk.T…

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