Treasury

Chancellor Gordon Brown is expected to give the Bank of England the green light to increase rates next week, despite the official inflation rate threatening to drop below the 1% level at which point the Bank must write to the Treasury explaining its policy...

A Treasury proposal which could see consumers make investment decisions without receiving any advice could up the risk of future mis-selling claims, warns the Financial Services Consumer Panel.

The Treasury Select Committee has published its view on the Budget, saying the government is riding a narrow margin of error on its "golden rule" and must stop overestimating tax receipts as per the past three years.

The wider UK economy is threatened unless the housing market is taken by the scruff of the neck and improvements to government policies and supply are implemented says Kate Barker in her review just published by the Treasury.

Long-term fixed-rate mortgages could quickly become a reality for many borrowers if consumer understanding of mortgage products and costs is improved by lenders, David Miles says in his Review published today.

Current and former Equitable Life policyholders have filed a formal complaint with the European Commission, which they hope will force the UK government to pay compensation.

EQUITABLE LIFE unsurprisingly dominates the headlines and all the front pages this morning, after yesterday's long-awaited publication of the Penrose report.

Financial secretary to the Treasury, Ruth Kelly MP, says the report into the near-collapse of Equitable Life places blame for its weakened financial position largely on the former appointed actuary and the society's managment regime.

The Penrose report into what went wrong at Equitable Life is being published on Monday by Ruth Kelly MP, the Treasury has just confirmed.

Financial promotion framework rules could soon require firms meet risk-based advertising regulations rather than the current sector-specific regime for product promotions, suggests the Treasury.