There will be a two-year pay freeze for public sector workers, Chancellor George Osborne said today.

Chancellor George Osborne today lowered the UK's economic growth forecast for the next five years.

The FSA is urging adviser firms to revisit any client contracts containing ‘I have read and understood' declarations to ensure they are fair on consumers.

Updated: Hundreds of jobs may be under threat after Aegon today unveiled plans to cut costs across its UK life and pensions business by 25% over the next 18 months.

George Osborne delivers his first Budget today and IFAonline readers can follow all the developments right here from 12.30pm.

CGT, VAT, public pensions... Prime Minister David Cameron has already warned today's emergency Budget will likely contain some of the harshest measures since World War II.

Iceland was yesterday put on a fast track to join the EU, but the Cameron government served notice it could block the country's membership unless it settled the £2.3bn Britain says it is owed as a result of the country's financial collapse two years ago....

Besieged BP chief Tony Hayward yesterday declared his "deep sorrow" over the Gulf of Mexico oil spill after US Congressman accused his company of "astonishing complacency" and of having a "cavalier attitude to risk".

The FSA is being urged to consider firms' "willingness and ability" to pay regulatory fees as a fairer way of allocating costs to financial firms.

Peter Hargreaves, the founder and CEO of Hargreaves Lansdown, says former Prime Minister Margaret Thatcher was a "million times" better for businesses than current incumbent David Cameron.