Labour will carry out a comprehensive review of tax planning schemes, including the use of deeds of variation on wills, should the party get to power following the general elections, shadow chancellor Ed Balls has said.
The Bank of England has said it is prepared to cut rates further and expand its quantitative easing (QE) programme should the current downward slide in inflation worsen.
The Financial Conduct Authority (FCA) was "not aware" of allegations HSBC helped wealthy clients evade millions in tax until they appeared in the media, chief executive Martin Wheatley has told MPs.
HSBC faces investigations by national authorities around the world over its role in helping more than 100,000 wealthy individuals avoid paying tax.
Banking giant HSBC helped wealthy clients dodge paying millions in tax to UK authorities, the BBC reports.
The next government's policy on pension tax relief is the biggest worry to advisers ahead of the general election, a survey has found.
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Retired Premier League players are among more than 100 footballers who face financial ruin as a result of demands from HM Revenue and Customs (HMRC) for what it has said is unpaid tax, but the sports stars said the fault lies with their advisers.