News

Thirteen years of New Labour came to a dramatic end yesterday as David Cameron was declared Prime Minister and head of Britain's first coalition government for 70 years. Here's what the papers say about the new man at number 10.

The Conservatives and Liberal Democrats coalition deal could have heavy implications for policies on tax relief on pension scheme contributions.

Both former shadow chancellors George Osborne and Vince Cable have been given positions in the new Coalition cabinet.

Capital Gains Tax(CGT) is set to rise on so called 'non-business' assets under the new Coalition Government to help reduce income tax for low earners.

Merchant Capital has launched its Growth plan: Principal Lock-In, offering the opportunity of an uncapped growth payment based on the increase in FTSE 100.

Labour have pulled out of talks with the Liberal Democrats in their effort to forge a "progressive coalition" as the stalemate following the UK hung parliament looks set to end with a Tory/Lib Dem coalition.

US shares have retreated after their buoyant showing yesterday amid fears the eurozone aid package may not bring the economic stability hoped for.

Adam Johnson, Scott Parker, Michael Dawson and Tom Huddlestone are the surprise names in Fabio Capello's initial 30-man World Cup squad.

Barclays Wealth has launched a new product which offers exposure to growth in the FTSE 100 without putting capital at risk.

Updated 1.45pm: The FTSE 100 dropped 2% in midday trading as uncertainty over the composition of the British government continues.