The outgoing Bank of England (BoE) deputy governor Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.
Market expectations of rates rising to 2.5% over the next three years appeared a "broadly sensible judgment", he said, adding it was rational to expect further increases from there. Bean, who steps...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.