government

Announcements on tax evasion and phoenixing to shed debt out today

The benefit cap has been implemented in 4 London areas, the Department of Work and Pensions (DWP).

The Labour party is considering a regional benefits cap alongside its possible cap on the basic state pension, shadow chancellor Ed Balls has announced.

The TUC has made a last minute call for MPs to halt plans for employment tribunal fees, warning that if implemented, many of the UK's lowest paid workers will be priced out of justice.

Judges have ruled that work capability assessments (WCA) conducted to decide eligibility for certain disability benefits discriminate against those with mental illness.

George Osborne has started the sale process of the taxpayer stake in Royal Bank of Scotland (RBS) and Lloyds, within hours of both banks getting approval from regulators over their capital strength.

Financial Secretary to the Treasury Greg Clark has announced a Government strategy for the insurance sector to enhance its position as a leader in global business.

Financial services will never rebuild trust with consumers or affect a change in the sector unless custodial sentences are imposed on those guilty of criminal wrongdoing, Chuka Umunna, shadow business secretary has said.

Delivering his Budget to a rowdy House of Commons, the Chancellor promised tax breaks for the workplace and brought forward a lower care cap of £72,000 to 2016.

The Chancellor's indication that companies will get a targeted tax relief tax help with sickness related employee benefits has been welcomed.