Scottish independence: Cable says RBS would have to move to London

Royal Bank of Scotland's future as an Edinburgh-based bank was thrown into doubt after Vince Cable said it was inevitable the bailed-out bank would relocate to London in the wake of a vote for an independent Scotland.

BOE Says It’s Alert to Stability Risks From Housing Market

The Bank of England said Britain’s housing-market recovery is gaining momentum and its Financial Policy Committee is ready to act if any risks to stability emerge.

Vince Cable urges British business to explore non-bank funding

British businesses should look for funding outside the banking sector, Business Secretary Vince Cable has said, marking the latest effort to generate growth among small-and medium-sized businesses.

Minimum wage frozen for young people

Young people will see their take home pay fall in October after the Government froze the youth minimum wage rates over concerns that they were hindering job creation.