George Osborne

The Chancellor has defended the Bank of England over rising inflation and denied the government is making its job more difficult.

Robert Macro, consultant at Dawsons LLP, discusses the impact of the new charges for HNW resident non domiciled taxpayers.

Banks will reveal salary details of their highest paid staff and lend businesses £190bn this year under Project Merlin, but their top earners will not be hit with a bonus tax, the government said today.

Chancellor George Osborne has applauded the restructure of the FSA and reassured MPs the new regulator will not simply ‘tick boxes'.

The government says it will increase the levy on bank profits to £2.5bn this year, to raise an extra £800m for the public purse.

David Cameron has ruled out significant tax cuts while the government is cutting spending to reduce the deficit.

A leading economic think-tank today urged George Osborne to delay the dramatic public sector cuts which underpin his economic policies, and to u-turn on them completely if the economy falters again.

David Cameron is expected to say the economy is making "progress" during a speech at the World Economic Forum today, despite figures showing it shrank during the final quarter of last year.

Teachers may take part in a mass walk-out over government demands they increase pensions contributions.

George Osborne has told banks he will be forced into further action if they do not cooperate with the government on measures to curb bonuses.