Current accounts are costly and confusing, says competition Watchdog as it launches enquiry into the big banks

Complicated overdraft charges make it almost impossible for bank customers to choose the cheapest or most appropriate account for them.As a result banks may not be bothering to compete with each other, leading to higher overdraft charges for all.

Manufacturing in U.S. Expands More Than Projected: Economy

Manufacturing expanded at a faster pace than projected in February, showing the U.S. economy is making headway in emerging from the harsh winter weather that has slowed growth in early 2014.

Mark Carney says UK housing market in widespread recovery

Bank of England governor Mark Carney says the UK housing market is generally recovering.