Economics / Markets

UK SPECIAL

The chief executive of Royal Bank of Scotland has predicted the business may restart dividend payments to shareholders after 2013, by which time its restructuring phase should be complete.

Deputy Prime Minister Nick Clegg has called for benefits such as free television licences, winter fuel payments and bus passes to be taken away from wealthy pensioners.

One of the most influential Liberal Democrat members of the coalition has insisted the party will continue to argue for a mansion tax, targeting "unearned wealth".

Asian and US markets closed lower overnight as the latest economic data emerging from leading economies around the world continued to worry investors.

EUROPE

Vince Cable has launched another broadside against banks, branding them as ‘anti-business' and slamming them for their "greed and stupidity".

Britons have increased the amount they are saving, and the best savers are young women, according to a quarterly savings survey released today.

Nick Clegg is urging the Conservatives to back a "wealth tax" ahead of the Liberal Democrats' annual conference in Brighton.

Advisory firms' focus on higher net worth clientele following the Retail Distribution Review (RDR) will leave more room in the mass market for companies such as Towergate Financial, its chief executive said.