coalition government

Pensions minister Steve Webb has announced a clampdown on unfair pension fees which have 'torn the heart' out of savers' retirement funds.

The head of Britain's biggest employers' organisation has intensified the war of words between business and the government after saying it is time for ministers to deliver on their growth-friendly promises.

Senior Liberal Democrats believe the party may have to "disengage" from government early to avoid a heavy defeat at the next general election in 2015, according to reports.

Shadow Chancellor Ed Balls has called for the government to cut pensions tax relief to 26% for people earning more than £150,000 per year.

The government has published its final offer on public sector pension reform.

The government has published its final proposals for public sector pension reform, but several unions have already deemed the offer unacceptable.

The shadow chief secretary to the Treasury, Rachel Reeves, has accused the government of failing to cut inefficiency and borrowing.

Prime minister David Cameron today endorsed the bonus culture in banks whilst under pressure from the Opposition to tackle excessive pay.

National Savings and Investments (NS&I) will reduce the interest rate on its direct saver accounts by 0.25% from today.

The government is preparing to sanction a £1m-plus bonus for Royal Bank of Scotland (RBS) chief executive Stephen Hester.