Economics / Markets

Read George Osborne's full Spending Review statement to Parliament.

Equitable Life with-profts annuitants (WPAs) will be paid in full from a £1.5bn compensation pay-out, with the first payments coming next year.

HM Revenue & Customs (HMRC) will receive a budget boost of £900m to crackdown on tax avoidance and claw back money owed.

The Comprehensive Spending Review is necessary to bring the UK economy "back from the brink", says Chancellor George Osborne.

Chancellor George Osborne has unveiled a range of cuts to government spending, aimed at bringing the UK's burgeoning deficit under control.

The Bank of England was split three ways in its last meeting on interest rates and QE, with two rogue members voting to change the path of monetary policy.

Bank shares in the US dived overnight after a group of investors united to try force Bank of America to repurchase soured mortgages packaged into $47bn of bonds.

China has raised interest rates for the first time since 2007 in a bid to stifle inflation and dampen down its overheating property market.

London recovered from an early blip in early trading on Tuesday as investors get ready for tomorrow's comprehensive Spending Review.

Former Bank of England policymaker David Blanchflower has warned the upcoming fiscal spending cuts could send the UK economy back into recession.