Prime Minister Gordon Brown said yesterday an independent Scotland could not have bailed out its struggling banks.

From the Independent "A company run by the Conservative Party treasurer Michael Spencer gave investment advice to almost half the councils facing a funding crisis as a result of the collapse of Iceland's banks, an investigation by The Independent reveals. Councils who paid Butlers for strategic advice were almost twice as likely to have lost money in the three main Icelandic banks as tho...

The head of the independent commission examining whether the UK's biggest banks should be broken up is say the industry must prepare for wide-ranging reforms.

The Independent Commission on Banking is set to detail how banks should ring-fence operations vital for the UK economy.

The Association of British Insurers, whose members are significant shareholders in UK banks, has written of its concern over remuneration in the banking sector in the most stern terms. The ABI’s Director General Otto Thoresen has highlighted the need for all banks to fundamentally restructure their remuneration practices. This follows on from the independent High

A group of pension funds has confronted the four biggest US banks, demanding that the lenders' audit committees launch independent examinations of their mortgage practices

Michael Geoghegan delivered what may be a parting shot about the dangers of breaking up big banks just hours before the government's independent banking commission outlines its latest thinking on reform

The Treasury is to order an independent probe into how banks are managed, chancellor Alistair Darling says.

THE head of the independent banking commission has played down to MPs the threat of major banks quitting Britain's shores to avoid the proposed radical overhaul of the ind

UK lenders face threat of extinction as coalition plans independent commission to decide on break up of big banks.