The Financial Services Authority (FSA) is to begin a pro-active approach to root out mis-selling in the financial services market.

Financial products could be vetted before they are allowed to go on sale under new proposals unveiled by the Financial Services Authority.

Further evidence that housing activity suffered a dramatic downturn at the start of this year emerged today, with the weather and cut in the stamp duty threshold to blame.

Scottish Power has become the latest energy supplier to cut gas bills, lowering them by 8%.

Inflation expectations among the public edged up only slightly in the three months to February despite a large spike upwards in the actual data in January.

Banks and building societies has been told by the UK regulator to test their businesses for two more years of recession and a much sharper decline in the UK's economy than in previous tests.

UK banks may have to disclose how many employees earn more than £500,000 per year, under a new proposal by City Minister Lord Myners that is likely to infuriate senior bankers.

Prime Minister Gordon Brown has confirmed that the 2010 Budget will be delivered on 24 March, six weeks before the anticipated general election date of 6 May.

Britain's manufacturers had it tougher than expected in January as the awful weather contributed to the first fall in output for five months.

Opposition from financial companies has prompted the Financial Services Authority (FSA) to revise its proposals to implement measures governing the selling of payment protection insurance.

An increase in Britain's trade deficit in January surprised the market Tuesday, sending the pound tumbling.

House prices are falling in the North and the pace of growth elsewhere is slowing, according to the latest research from the Royal Institute of Chartered Surveyors (RICS).

Retail sales recovered in February as the freeze that affected January eased, but the British Retail Consortium still said the figures were very weak.

Up to 270,000 civil servants have started a two-day strike over redundancy pay which could disrupt Britain's transport hubs and courts.

The government must unveil a "convincing" plan to slash the UK's record budget deficit when it delivers its final budget before the general election, business leaders have urged.

UK factory gate prices were a little higher than expected in February as the index showed its biggest annual gain since December 2008.

Producer price inflation reached a 14-month high in February, figures from the Office of National Statistics (ONS) showed.