News

UK equity markets and sterling were largely unfazed by today's Spending Review with investors unsuprised by the level of the cuts.

The DWP will be provided with the funding necessary to introduce auto-enrolment from 2012 and establish NEST, the government confirmed today.

Employment and Support Allowance (ESA) claimants will be limited to one year of benefit payments for those expected to prepare to return to work, the Chancellor George Osborne has announced.

The Government is to bring in a single credit for those out of work, for whatever reason.

The coalition government will not cut any universal benefits for pensioners, the spending review revealed.

Chancellor George Osborne has said the government will carry out a full public consultation on the discount rate of valuing public sector pensions.

Equitable Life with-profts annuitants (WPAs) will be paid in full from a £1.5bn compensation pay-out, with the first payments coming next year.

Chancellor George Osborne has criticised the regulation of banks under Labour and outlined plans to introduce a permanent annual levy.

The State pension age will reach 66 by 2020, Chancellor George Osborne said today.

HM Revenue & Customs (HMRC) will receive a budget boost of £900m to crackdown on tax avoidance and claw back money owed.