Royal Bank of Scotland today said it had resolved a glitch which delayed around 600,000 payments for customers.

A Bank of England internal probe revealed a “series of misjudgments” by a senior member of staff including the leaking of a confidential document and sending of inappropriate emails, MPs in the UK were told by governor Mark Carney yesterday.

HSBC chief executive Stuart Gulliver has apologised to MPs for “unacceptable” practices at the bank’s Swiss subsidiary which he said had caused “damage to trust and confidence” in the company.

An extra 300,000 households in the UK may struggle to keep up with their mortgage payments when interest rates start rising, the Bank of England has signalled.

Britain is closer to selling part of its stake in Royal Bank of Scotland after seeing a growing appetite for the bank’s shares from financial institutions and it could offer some of the stock to private retail investors.

Small businesses from Bath to Bradford are having their lifeblood sucked out by “vampire” banking practices, the author of a report alleging unscrupulous behaviour by Royal Bank of Scotland has told British MPs.

Pressure is mounting in the UK on disgraced former HBOS bosses amid anger over mammoth pension pots and nearly £1m of “bonuses for going bust”.

Chancellor George Osborne shocked the City today as he unveiled Canadian Mark Carney as the first non-British citizen to be appointed as governor of the Bank of England.

Britain's Chancellor of the Exchequer George Osborne will name the next Governor of the Bank of England in a statement to the House of Commons today.

The Bank of England could name its new governor this week amid pressure to appoint a successor to Mervyn King before the Chancellor’s autumn statement.

The UK's City watchdog warned Barclays two years ago that appointing Bob Diamond as chief executive could prove unsuitable, documents revealed today.

The Serious Fraud Office has launched an investigation into payments made between Barclays and Middle East investors it tapped for funds at the height of the financial crisis.

Former Barclays deputy chairman Nigel Rudd has slammed MPs for a “completely unacceptable” attack on the bank’s embattled ex-boss Bob Diamond, it was reported today.

A pay scheme that could defer bonuses for Barclays bosses until they retire is being considered by the under-pressure bank, it was reported today.

Britain's top four banks are reportedly set to take another £1bn (€1.28bn) hit for mis-selling payment protection insurance - bringing the industry total to nearly £8bn (€10.26bn).

Bank of England boss Mervyn King told MPs he was not to blame for failing to spot the rate-rigging scandal engulfing the industry amid mounting accusations over the central bank’s role..

Barclays was in a “state of denial” over regulatory concerns with the bank following its rate-rigging scandal, Bank of England governor Mervyn King told MPs today.

The former Barclays director who told staff to lower their interest rate submissions following a misunderstanding with the Bank of England will give evidence to MPs today.

Britain’s biggest banks were tonight embroiled in a criminal investigation after the Serious Fraud Office opened an official inquiry into the rate-rigging affair.

Former Barclays boss Bob Diamond today said the bank lowered key lending rates amid fears the British government would want to nationalise the lender during the financial crisis.

Former Barclays boss Bob Diamond will make an explosive appearance before MPs today after dragging senior Bank of England and UK government figures into the rate-rigging scandal.

A phone call between Barclays boss Bob Diamond and the Bank of Englandultimately led to some of the rate-rigging actions at the heart of the ongoing banking scandal, the bank said yesterday.

A phone call between Barclays boss Bob Diamond and the Bank of England ultimately led to some of the rate-rigging actions at the heart of the ongoing banking scandal, the bank said today.

Barclays chief executive Bob Diamond resigned with immediate effect today in the wake of the rate-rigging scandal.

An urgent independent review into the inter-bank lending rate is to be set up by the British Government next week in the wake of the interest rigging scandal.

Bank of England governor Sir Mervyn King launched a stinging attack on British banks today and called for a “real change in culture” as lenders became further embroiled in controversy.

David Cameron has held talks with US president Barack Obama and other key allies amid mounting fears over the eurozone crisis.

Ex-banker Fred Goodwin has had his knighthood removed, it was announced today.

In the UK, Sir Mervyn King has defended a move to pump a further £75bn into the British economy, despite it potentially causing more pain for households.

JAMES MURDOCH, the boss of News Corporation’s UK arm, today refused to accept a $6 million (€4.2m) bonus in the wake of the phone hacking scandal.

News Corporation boss Rupert Murdoch saw his total pay packet rise 47% to 33.3 million US dollars in the past year, it was revealed today.

BANKS should stop apologising for the mistakes which helped cause the financial crisis, Barclays new boss told British politicians, striking a defiant tone in a grilling over bonuses yesterday.

The Bank of England ended the year as it began today as it left its emergency support for the economy unchanged.

THE Government last night admitted it had not been in the loop when London discussed its proposed massive €8.4 billion loan to Ireland with other major world economies.

The former chairman of Northern Rock today spoke of his remorse for his part in the Northern Rock crisis.

Bank of England rate-setters underlined their doubts over a strong recovery today as they maintained support for the economy at emergency levels.

The Bank of England is set to hold interest rates at record lows today amid lingering doubts among rate-setters over a sustained recovery for the fragile UK economy.

Bank of England Governor Mervyn King today warned that a sustained UK recovery was still uncertain despite the economy's recent stellar growth.

A “radical” overhaul of the UK banking system is needed to prevent taxpayers from picking up the bill for future bail-outs, MPs said today.

British Prime Minister Gordon Brown will hold talks today with the North's political leaders on the future of stricken financial institution, the Presbyterian Mutual Society (PMS).

The Bank of England today revealed it lent Royal Bank of Scotland (RBS) and HBOS £61.6bn (€68.22bn) in a "dire emergency" at the height of the financial crisis.

Emergency loans to Royal Bank of Scotland (RBS) and HBOS peaked at £61.6bn (€68bn) at the height of the financial crisis, the Bank of England said today.

There are signs that the UK economy has returned to growth in the current quarter, the governor of the Bank of England told MPs today.

Bank of England boss Mervyn King today said he was “more uncertain now than ever” about the UK economy despite tentative signs of a recovery.