Chancellor

The Chancellor, Alistair Darling, is to set up five working groups with leading City figures to help maintain London's place as a pre-eminent financial centre.

The Treasury has put its weight behind a new International Centre for Financial Regulation (ICFR) due to launch at the end of this year.

Gordon Brown has today announced measures to help first time buyers as well as the creation of a new national savings scheme in Draft Legislation for the year ahead.

Chancellor Alistair Darling has announced this afternoon he will raise the personal tax allowance by £600 with immediate effect.

The Bank of England has warned Britain's big banks could lose up to a fifth of their profits as the commercial property market implodes, The Daily Telegraph reports.

The Chancellor is clearing the ground for new regulations on financial markets in the wake of the credit crunch, pledging to create a "gold standard" to judge the quality of key asset-backed securities, The Telegraph reports.

The Treasury has announced Chancellor Alistair Darling will deliver his first Budget on 12 March.

The Treasury's move to increase ISA limits is nothing more than a ploy to raise revenue, a high profile IFA warns.

Nationwide has launched a 25-year fixed-rate mortgage following the Chancellor's announcement on Tuesday that the Government wanted to see more long-term fixed-rate mortgages as part of a strategy to improve affordability of housing.

The mortgage industry is warning the Government to carefully consider proposals to increase fixed-rate terms, arguing such a move could have serious repercussions for homeowners.