HM Treasury

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.

The Deutsche Bank executive arrested on Tuesday over alleged insider dealing advised the Government on financial stability at the height of the financial crisis.

UK Government borrowing was lower than expected in February at £12.4bn.

Sheriar Bradbury, MD of Bradbury Hamilton, assesses how advisers will be impacted as HMRC turns up the heat

Equitable Life victims have rejected Sir John Chadwick's compensation review, calling it a ‘cover-up'.

Tax hikes or spending cuts to the tune of an extra £20bn will be needed by 2013/14 to close the fiscal gap, according to PricewaterhouseCoopers.

HM Treasury may step in to support victims of the Keydata Investment debacle, according to reports.