Labour

Regulator should pre-approve products

2011 changes will stand

Gordon Brown has joined global investment management firm Pimco as an adviser on economic and political issues.

McDonnell will not back Osborne's charter

Labour will reject austerity as a means to get the economy back on track and will instead focus on taxing the rich, shadow Chancellor John McDonnell has said in his Labour Party Conference speech on Monday.

John McDonnell is poised to use his first Labour conference speech as shadow Chancellor to push for a "Robin Hood" tax on stock market trading, according to reports.

Jeremy Corbyn has said he wants changes to inheritance tax (IHT) which could mean the 40% rate is shouldered more by the very wealthy.

Jeremy Corbyn, who romped home to win the Labour party leadership with a clear majority at the weekend, has named John McDonnell as his shadow chancellor.

Pensions minister and Conservative peer Ros Altmann has been expelled by the Labour Party after it emerged she had been a member for the past 18 months.

The government will closely monitor the developing drawdown market following the introduction of pensions freedom and act to cap charges if necessary, Lord Freud has said.