The Government today said it will make it easier for people to set up new enterprises by cutting the time it takes to start a new business.
Debt reduction is "the most urgent issue facing Britain," according to the Con-Lib coalition's Programme for Government, published today.
Chancellor George Osborne refused to confirm Tory plans to scrap the FSA were completely off the agenda as the Government unveiled its first five year plan.
Advisers are set to benefit from the recent equity market volatility, caused by the General Election and the Greek debt crisis, as yields have been increasing on capital at risk structured products.
Chancellor George Osborne last night said the coalition Government would use next month's emergency Budget to lower and simplify corporate tax rates.
The coalition Government is set to detail how it plans to make £6n in spending cuts this year at its first Budget on Tuesday 22 June.
Economists are warning the new coalition government may have to impose £50bn of tax rises only months into its tenancy including a hike in VAT.
Liberal Democrat MP Steve Webb has been appointed as pensions minister to serve under Iain Duncan Smith at the DWP.
David Cameron's new coalition government should transfer the FSA's regulatory powers to the Bank of England, say advisers.
Neither former shadow housing ministers have been given a new role in government so far, and the role of housing minister is notable by its absence from the new cabinet.