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Banks failed to take action to avert the developing credit crunch in part because they ignored warnings from regulators, MPs have said. The system by which regulators – including the Bank of England and Financial Service Authority (FSA) – warn lenders of impending financial turmoil is “deficient” and must be strengthened to banks pay proper… Read more »
The government is seeking to accelerate its development programme for new centres of higher education in England. A paper published today by the Department for Innovation, Universities and Skills (DIUS) calls for towns and cities to bid for opportunities to become new higher education centres. It says up to 10,000 student places could be created… Read more »
