Following the announcement in December 2010 that Mortgage Brain were planning to buy TrigoldCrystal the OFT announced last week that it intended to refer the move to the Competition Commission. This seems to have caused second thoughts at Mortgage Brain.

Following Cheltenham and Gloucester's announcement last week that they will stop accepting intermediary applications after 31st March, Lloyds Banking Group's (LBG) BDMs have been told they will all need to re-apply for their jobs as part of the shake up.

The Bank of England's Monetary Policy Committee has announced that base rate will remain at 0.5% making it a full two years since the rate was dropped to this record low level.

The FSA’s Chief Executive Hector Sants has made a speech at the British Banking Association Conference regarding the new opportunities and plans with the Government's intended regulatory authority for consumer protection and markets, the Financial Conduct Authority (FCA).

In a report entitled 'Cashing In', the charity says tens of thousands of people are being tricked out of large sums of money.

A landmark ruling by the European Court of Justice will remove the exemption that insurers had previously enjoyed to allow them to price their products according to gender from the end of 2012.

Complaints against Welcome Financial Services Limited (WFSL) will now be the responsibility of the Financial Services Compensation Scheme (FSCS).