Banks and other companies that are helping clients to evade taxes could face fines in the future. Reports suggest that chancellor George Osborne will use next...
The payday lender Wonga has seen its profits fall by more than half after a year marred by controversy. Blue & Green Tomorrow is currently running...
A record fine of £37.5 million has been issued to Barclays bank by the Financial Conduct Authority (FCA) for putting £16.5 billion of client assets at...
A settlement deal between the UK bank Standard Chartered and Benjamin Lawsky, head of New York’s Department of Financial Services has been outlined due to the...
Energy and climate change secretary Ed Davey has put forward new proposals that would see anyone guilty of manipulating energy prices facing up to two years...
Poland has recently amended its fracking laws to allow shale gas excavation of up to 5,000 feet, without assessing the environmental implications, thus breaking EU law...
Lloyds Banking Group’s half-year profits have been hit by further fines for its misconduct, including another £600 million provision for the mis-selling of payment protection insurance...
The Co-operative Group will see its stake in the Co-operative Bank reduced further, as the troubled lender seeks to raise £400m to cover its losses. The...
The Royal Bank of Scotland (RBS) is set to close 44 branches across the UK, 14 of which are the ‘last branch in town’. The move...
The Royal Bank of Scotland (RBS), which remains 81% owned by the government, has reported a pre-tax loss of £8.2 billion for 2013. The losses are...
The European commission has said it is imposing fines on eight financial institutions – including the British-based Royal Bank of Scotland (RBS) – over accusations that...
Lloyds Bank has announced that it has set aside a further £750m for anticipated claims for mis-sold payment protection insurance (PPI) by consumers. The part state-owned...
A former manager of the Deepwater Horizon oil rig has pleaded guilty to destroying evidence regarding the explosion in 2010 which claimed the lives of 11 workers. Anthony Badalamenti, 62,...
A US appeals court has ordered a review of some of the fines imposed upon oil giant BP over the 2010 Gulf of Mexico oil spill,...
Oil giant BP is back in court over the 2010 oil spill, which saw 20m gallons (5m barrels) escape into the Gulf of Mexico. Officials have...