Britain’s Chancellor of the Exchequer George Osborne walks to an appointment on the Strand in central London yesterday. Photograph: Stefan Wermuth/Reuters.

Bankers will be jailed if they recklessly endanger banks that end up having to be bailed out by the taxpayer, British prime minister David Cameron has(...)

Reckless bank bosses should be jailed and pay rules overhauled to end rewards for failure, according to a report by MPs and peers.The Parliamentary Co(...)

Around lunchtime yesterday, there was a flurry of excitement in financial circles here as a report emerged from the UK that the treasury there has con(...)

Accountancy giant KPMG is facing a potential investigation over the audit work that gave HBOS a clean bill of health in the run-up to its collapse. Photograph: Sean Dempsey/PA Wire

Accountancy giant KPMG is facing a potential investigation in the UK over the audit work that gave HBOS a clean bill of health in the run-(...)