The Co-operative group said it has accepted Euan Sutherland's resignation as chief executive, and that chief financial officer Richard Pennycook will act as interim boss.

More than a million extra middle-income workers will have been dragged into the 40p tax bracket by next year because of George Osborne's plans to boost income for the low-paid.

The state pension age should rise to 70 by 2040 - more than 20 years earlier than scheduled under government changes - the former chairman of the Financial Services Authority (FSA) Lord Adair Turner said last night.

The Financial Services Compensation Scheme's (FSCS) pursuit of IFAs who it alleges mis-sold Keydata products has been delayed after the scheme reached settlement deals with some of the firms' professional indemnity (PI) insurers.

The Times and Sunday Times have launched a wealth management service in conjunction with investment firm Bestinvest.

New Model Business Academy chief executive Lee Travis on being invited to No 10 to talk about the importance of apprentices in financial services.

Japan's current account deficit widened to a record 1.5tn yen ($15bn; £8.7bn) in January, the largest since records began in 1985.

Leading Scottish firms are acting ahead of the referendum later this year to move operations out of the country into the rest of the UK, according to a survey.

The size of the overall UK economy will this summer overtake the peak level it was at before the 2008 financial crisis, a business lobby group has said.

Chief Secretary to the Treasury Danny Alexander has suggested the 2014 Budget will avoid tampering with pensions.