Economics

The formats of both the annual Budget and Autumn Statement must evolve to focus on tax and spending decisions rather than political "vote chasing", the Institute of Economic Affairs (IEA) has said.

Baby boomers, who will own almost 75% of retail assets in five years, are looking for safe retirement solutions rather than ‘market leading' products, according to a report released today.

Well-known economist Roger Bootle stands to make tens of millions of pounds from the potential sale of his consultancy Capital Economics, in a deal which could value the group at £50m-£70m, according to reports.

SOAPBOX

In this week's quick fire poll we ask: Should government cut tax relief on pension contributions to 20% for people earning more than £150,000 to fund unemployment schemes?

Consumers will go on spending more money on non-essentials if inflation continues to drop, a senior economist has said.

Spain's economy minister Luis de Guindos denied his country needs a bailout as he gave a speech to the London School of Economics.

Spain has taken a 45% stake in Bankia, the country's third largest bank, following another day of sharp falls in the country's equity markets and gains in its bond yields.

The eurozone sovereign debt crisis poses the greatest risk to investment returns in 2012, say advisers.

Greek finance minister Evangelos Venizelos accused European leaders of "playing with fire" by trying to oust the beleaguered country from the eurozone amid fears they want to delay releasing the €130bn (£108bn) bail-out until after Greek elections in...