Treasury

Fifteen years after Gordon Brown gave the Bank of England its independence, Dan Conaghan examines how it has fared.

An inquiry into the "crucial issue" of corporate governance at Britain's top financial companies has been launched by the Treasury select committee.

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Almost one in ten people earning over £10m per year pays less than the 20% basic rate of income tax, according to Treasury figures.

Financial secretary to the Treasury, Mark Hoban, was taken out for breakfasts, lunches and dinners 37 times in the 15 months to June 2011, official figures have revealed.

In light of last week's Budget announcements, Peter Ng, IFA at Retirement Solutions, reviews what the changes to pensions tax relief will mean to those retiring.

The government has legislated to prevent a tax avoidance scheme involving the use of fake property businesses.

The Financial Services Authority (FSA) spotted flaws with the Arch Cru marketing literature and ordered changes before the funds' suspension, Treasury financial secretary Mark Hoban has claimed.

The Pension Infrastructure Platform (PIP) will avoid construction risk and offer both debt and equity investment portions for UK investors, plan organisers say.

Richard Davis, co-manager of the BlackRock World Resources Equity Income fund, explains why dividend-paying companies in the commodities sector offer value in a low yield environment.