Boris Johnson has called on the Chancellor to cut National Insurance (NI) and scrap the 50p higher income tax rate.
George Osborne has defended the government's economic policies after new figures showed a slowdown in growth, and claimed the UK is a 'safe haven' compared to other nations.
The government is considering phasing in the 3.2 percentage point increase in public sector workers' pension contributions over three years, a slower pace than previously planned.
The Chancellor appears before the Treasury Select Committee (TSC) this afternoon to answer concerns about the accountability of the Bank of England
Chancellor George Osborne is considering a £7bn "raid" on pension perks for the better off, according to reports.
Northern Rock is to be sold rather than remutualised or floated on the stock market, the Chancellor said last night.
Merging income tax and National Insurance (NI) would dramatically reduce pension saving and private protection take-up, Jelf Employee Benefits has warned.
Shares in major UK banks have plunged following reports Chancellor George Osborne will force lenders to ring fence their retail arms.
The government is set to force banks to ring-fence their retail operations from investment banking.
The government is considering giving the Money Advice Service responsibility for running debt advice firms, Mark Hoban financial secretary to the Treasury has said.