government

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.

Jelf Employee benefits had urged government to listen to what employers need before making employee benefits tax-relief decisions.

Legislation repealing the workplace discrimination of people with mental health conditions within certain roles has been passed by Parliament.

Several industry players have voiced concern over failures of perception raised by the Government announcement of a cap on long term care fees.

Peter Barnett examines the consequences of the Governments Long Term Care announcement

The government is set to impose a £95,000 "stealth tax" on inheritance to help pay for care for the elderly, according to the Sunday Times.