Officials are investigating whether a second former executive at a statesupported bank was allowed to claim a large pension early....

Gordon Brown's claims to have clamped down on executive bonuses at the majority government-owned RBS were challenged last night when it appeared the deal would include not just 2008 cash payouts for executives worth £175m, but probably as much as £600m in deferred benefits. The prime minister was ...

Anatole Kaletsky, who incidentally has been telling his readers to buy shares for two years, has flipped. This morning he is calling on policy makers to Punish savers and make them spend money . He wants to tax savings. He is not the only one, Rachel Reeves, former Bank of England economist turned L...

Alistair Darling admits that "we may be entering a recession". What an absolute tit that man is. Is he to reveal next that the Pope is a Catholic and that bears shit in the woods ? When he is trying to justify spending hundreds of billions of pounds in borrowed cash to stimulate the economy, you'd e...

A golden ball. David Beckham has two of them, we’re led to believe. Image via Wikipedia The Chancellor of the Exchequer, Alistair Darling, has gone on record as believing it is now likely that the UK will enter a Christmas period by the end of the next fortnight, but he confidently expects the...

Alistair Darling was embroiled in a row with the Tories today over opposition claims that his pre-budget report will penalise anyone earning more than £19,000 a year. The chancellor denied the claim, saying that only those earning more than £40,000 a year will end up losing out when all the tax ch...

Much as I appreciate an extra 2.5% in my pocket, I am slightly afeared of how many places the value 17.5 will have been hard coded in any of the computer systems I may now have to reprogramme. Not to many I hope. This new VAT change will not change the price we're paying for everything of course, th...

Image via Wikipedia Well whadda ya know. After waiting almost two decades for it to happen, there are at long last some real differences starting to appear between the two main British political parties, if only in how they would each manage the country’s finances in recession rather than in s...

Alistair Darling will announce today that income tax for those earning more than £150,000 a year will rise to 45p in the pound during the next parliament to help pay for Labour's £15bn anti-recession emergency package. Faced with the challenge of reducing state borrowing from an expected £120bn n...

Alistair Darling will announce today that income tax for those earning more than £150,000 a year will rise to 45p in the pound during the next parliament to help pay for Labour's £15bn anti-recession emergency package. Faced with the challenge of reducing state borrowing from an expected £120bn n...