HMRC has failed to collect £35 billion in tax, partly due to the fact it has laid off staff responsible for collecting the money.
The British government has tried to bring the two sides of the eurozone debate together with separate messages to the Greek and German people on the back of a G8 meeting in the US.
After months of snubs and thinly-concealed barbs, David Cameron and the new French president will finally meet in the neutral territory of Washington DC today.
The government is no longer about austerity. It is now about protecting Britain from the eurozone crisis.
The number of people sleeping rough has risen and could become even worse when housing benefits are cut next year, a new report has warned.
Theresa May faced outright hostility when she spoke at the Police Federation today, in what became a bruising encounter for the home secretary.
The police are being disrespected and the public are being put at risk. It's time for the government to do one of its U-turns.
David Cameron and Nick Clegg delivered a rare joint speech today, as they reaffirmed their commitment to deficit reduction amid an anti-austerity mood in Europe.
Bases handling flights to and from Afghanistan will function on a skeleton staff next week, when Ministry of Defence (MoD) firefighters join strikes against pension changes.
Voters will be responsible for austerity policies unless they vote against Boris Johnson this week, a Labour MP has claimed.
Marine Le Pen's far-right party enjoyed a massive boost in the French elections, in a sign that the financial crisis hitting Europe could help extremist parties across the continent.
Missed the Budget and PMQs? Catch up with all the details in politics.co.uk's live blog.
Read Nick Clegg's speech, in which he calls for a 'John Lewis' economy, in full on politics.co.uk.
The Fitch rating agency comments on the state of the UK economy ahead of Budget 2012:
Jonathan Edwards, Plaid Cymru's economy spokesperson in Westminster, comments on the state of the UK economy ahead of Budget 2012:
What steps can George Osborne take to stimulate the recovery?
Union chief Len McCluskey's call for strikes and "civil disobedience" during the Olympics is attracting widespread condemnation in Westminster.
If you want radical solutions to government debt, you could start by looking at Churchill.
Here's the full text of shadow chief secretary to the Treasury Rachel Reeves' first major speech, to the IPPR thinktank:
Right now, Labour has a credibility problem. But eventually the coalition's excuses are going to wear thin.
George Osborne faced the prospect of losing Britain's AAA credit rating today, after a gloomy report from one of the agencies sent shivers through Downing Street.
An organisation more powerful than any European state is being built and no-one is talking about it.
This week wasn't just depressingly typical. Think about it: it contained, in microcosm, all the themes of British politics in the aftermath of the 2010 general election.
David Cameron tells the World Economic Forum in Davos, Switzerland, that Britain's approach to the economy is the right one:
Deputy prime minister Nick Clegg outlines his plans to do more to help support working families:
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