The Irish government has banned Allied Irish Banks from handing out €40m to staff in bonuses, saying it would turn off state aid if the pay-outs went ahead.

The housing market is being stifled by a lack of first-time buyers and economic confidence, the Royal Institution of Chartered Surveyors (RICS) says.

Tax reliefs on VCTs and Enterprise Investment Schemes (EISs) as well as some pension contributions and life insurance policies will be reviewed, and potentially scrapped, by the Office for Tax Simplification (OTS).

A group of 700 Keydata SLS investors have begun a legal case for compensation against the biggest names in global finance.

The Consumer Protection and Markets Agency (CPMS) must have a "lower risk tolerance" than the FSA, Hector Sants said today.

Chancellor George Osborne has been asked to produce the "body of evidence" supporters of the RDR claim justify the regulatory overhaul.

One group certainly took the advice I offered last month about doing more to connect with MPs and Parliament and it has paid off already.

Lifemark investors never had a chance of getting their money back on time, a leading actuary involved in the fund's restructuring says.

The trustee for the victims of Ponzi scheme fraudster Bernard Madoff has filed an $80m case in London's High Court of Justice against the swindler's UK operations.

The FTSE advanced 40 points in early trading on Tuesday as investors were buoyed by news of US tax cuts, but European debt fears were keeping a lid on sentiment ahead of the Irish budget.