Britain and Scotland's finance chiefs went to war on the airwaves this morning over whether an independent Scotland would be able to maintain the pound.
State-owned RBS' pre-tax losses jumped from £766 million in 2011 to £5.17 billion in 2012, the bank has announced.
Britain's economy has lost its prized triple-A credit rating, in the biggest blow yet to the credibility of the coalition's deficit reduction drive.
Latest borrowing figures show the coalition is drawing down the deficit – but Labour says "smoke and mirrors" are obscuring the real picture.
A damning new report on the performance of the Treasury has found its own accounts are "impenetrable" and it cannot explain the results of £375 billion spent in quantitative easing.
George Osborne's reluctance to push through a full split of banks' investment and retail arms has collapsed, prompting anger and recrimination from the City.
George Osborne should put aside his pride and abandon his deficit reduction strategy, Ed Balls has told politics.co.uk.
British voters would prefer Alan Sugar or Richard Branson to take charge of Britain's economy from George Osborne, a poll out today suggests.
George Osborne will hold on to both his jobs, sources close to the prime minister confirmed today.
Here's the chancellor's Mansion House address, in which he announces details of new measures to boost the liquidity of Britain's banks and inject money into the 'real economy, in full:
A teachers' union is threatening to take the government to court over changes to pension plans.
Clinical negligence claims could cost the government nearly £16 billion, "staggered" MPs have warned.
Council leaders are attacking Whitehall's model of departmental funding as outdated, as they demand greater use of community budgets.
Taxpayer-owned Royal Bank of Scotland (RBS) is cutting 3,500 jobs after chancellor George Osborne's recommendation that it shrink its investment bank.
Financial secretary to the Treasury Mark Hoban explains the government's thinking on the Today programme after its announcement that excessive surcharges on debit and credit card transactions will be banned:
Bailed-out high street bank Northern Rock has been sold at a loss to Virgin Money.
A Treasury spokesperson responds to October's inflation figures, which showed CPI falling to five per cent:
Private finance initiatives (PFI) are set for a shakeup after the Treasury announced a review.
The Treasury admitted planning for the total collapse of the euro currency today, as events in Greece sent shockwaves around the world.
She may be straight out of primary school, as one Labour MP claimed, but ministerial prodigy Chloe Smith has done her homework.
Officials are becoming increasingly concerned about the timetable for implementing the shakeup of the welfare system, according to a report.
A potential eight-year delay in plans to force banks to split their retail and investment arms could prompt a major split in the coalition.
The biggest contributor to the coalition's efficiency savings drive was a cut in consultancy costs typically used to make civil servants more efficient, it has emerged.
David Cameron has insisted chancellor George Osborne has the backing of No 10, after more disappointing figures pile the pressure on the government.