John-Paul Ford Rojas

Stephen Braviner Roman, legal director at the FCA, told MPs it would be 'premature' to say that the hit to lenders would not reach the same level as PPI.

By HUGO DUNCAN and JOHN-PAUL FORD ROJAS Updated: The pound has been tipped to return to levels last seen before the Brexit vote after reaching its strongest point against the euro for nearly three years.

Lagarde (pictured) said efforts to bring down inflation - now at 2.3% - were bearing fruit but that the bank foresaw 'a slower economic recovery'.

Business optimism has fallen to the lowest level in two years amid concerns about tax hikes announced by Rachel Reeves (pictured) in the Budget.

Richard Wilson, chief exec of Interactive Investor, said action was needed after the London market saw the largest exodus of companies since 2009.

Former Bank of England rate-setter Andrew Sentance has slammed Rachel Reeves for her claim she protected working people in the budget, calling it an 'outright falsehood'

The world's biggest economy cut rates to a range of 4.25 to 4.5%, a full percentage point lower than where they were in September.

Rachel Reeves was yesterday accused of killing growth as the Bank of England warned the economy is grinding to halt in the wake of her anti-business Budget.

More than half of households - or 35 million people - received more in benefits than they paid in taxes last year according to official figures.

The Cambridge is harnessing the spirit of the James Stewart film to help customers onto the property ladder.