HM Treasury

The Consumer Protection and Markets Authority (CPMA) will follow the same strategy as the Labour-built FSA it is set to replace, the Treasury says today.

The Consumer Protection and Markets Authority (CPMA), one of the bodies set to replace the FSA from 2013, will be subject to audit by the National Audit Office (NAO) under rules proposed by the Treasury today.

Mark Hoban, the City minister, will use a speech to an audience of top bankers and business leaders tomorrow to flesh out the coalition's plans to tear up Labour's regulatory system and disband the FSA.

The consultation to end compulsory annuitisation should lead to increased flexibility for retirees. Helen Morrissey asks if this is the case.

The government is set to scrap the requirement to purchase an annuity and abolish alternatively secured pensions.

George Osborne is calling on the public to send him their best ideas on how to get more for less from our public services.

The head of the UK's new fiscal watchdog will step down in the summer when his three-month contract expires, a spokesman for the Treasury said last night.

Former shareholders of Bradford & Bingley (B&B) should not get any compensation after the troubled lender was divided and sold, an independent valuer says.

Lloyds shareholders have made a £14bn claim against the Treasury and bosses at the banking giant over its controversial takeover of HBOS in 2008.

Britain had its AAA credit rating affirmed by Standard & Poor's yesterday, but the ratings agency retained its negative outlook over continued deficit concerns.