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LV= chief Mike Rogers to step down

LV= group chief executive Mike Rogers is to depart the mutual after 10 years at its helm. Rogers, who is also a non-executive director at Royal Bank of Scotland, will continue to lead the firm until a successor is appointed. He will also retain a role with the business into 2017 to ensure a smooth […]

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UK GDP revised up but current account deficit widens

The UK economy ended 2015 with a better-than-estimated outlook, the latest data from the Office for National Statistics indicates. GDP figures show the country grew by 0.6 per cent in the fourth quarter of 2015 instead of the 0.5 per cent reported last month, the ONS says. The growth was dependent on the services sector […]

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CML members vote for trade body merger

Members of the Council of Mortgage Lenders have voted in favour of the proposed trade body merger. The trade body said 75 per cent of its members voted in favour of the merger, which will see the CML, the British Bankers’ Association, Payments UK, and the UK Cards Association combine to form a mega-trade body. […]

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