Treasury

British taxpayers stand behind more than £167bn of toxic assets in the US, Ireland, the Middle East and beyond, it has emerged as the Treasury disclosed details of what Royal Bank of Scotland has dumped in the state insurance scheme for bad debts.

The Government's spending watchdog, the National Audit Office (NAO), is to investigate the FSA.

ProShares Trust has released an ETF offering short exposure to long-term US treasury bonds, listed on NYSE Arca.

The UK faces a slow recovery from recession as the financial crisis continues to impact on public and private spending, according to the Bank of England.

The Government has brought forward its review of the UK's retirement age, it has confirmed today.

The Treasury today proposes reforming the way the Financial Services Compensation Scheme (FSCS) is funded and announces a wide-ranging review of the role of the Financial Ombudsman Service (FOS) in a white paper suggesting a raft of dramatic changes to...

The Government is to relax its pension anti-forestalling rules, raising its contribution limit to £30,000.

Treasury Minister Kitty Ussher has resigned following revelations about her expenses claims.

The Treasury Committee is to undertake a short inquiry into mortgage arrears and access to mortgage finance as part of its continuing examination of the ramifications of the banking crisis.

The FSA was too focussed on its role as a consumer protector in the run up to the financial crisis and failed in its oversight of macro-prudential requirements, according to a House of Lords committee.