A banking scandal on an epic scale, flagrant misuse of public funds, fearless investigators and a grasping Scottish cabal in Westminster. Familiar? It happened 200 years ago.
The UK Green Investment Bank aims to make a healthy profit for the taxpayer by ploughing £3.8bn of public money into renewable energy, as chief executive Shaun Kingsbury explains
The Treasury has confirmed that it will offer shares in the bailed-out Lloyds Banking Group to the general public within the next year as part of moves to return the bank to full private ownership.
Built upon equal sharing of profit and loss as well as other ethical principles, Islamic finance is prospering in the UK and could provide an alternative approach to managing public funds
The two government bodies that manage most of the taxpayer’s stakes in business are to be merged into a single company, Chancellor George Osborne has announced.
The UK has announced that it is to become a founding member of the Asian Infrastructure Investment Bank, which will provide finance for economic infrastructure projects in the region.
Nearly a million public sector workers are to receive average pay increases of 1% in 2015/16, Chief Secretary to the Treasury Danny Alexander has confirmed.
The Treasury still needs to learn lessons from the financial crash and must plan for a wide range of different crisis scenarios, a committee of MPs said today.
The government has recovered a further £1.36bn from collapsed Icelandic bank Icesave to repay the Treasury for refunds made to British savers in the institution during the financial crisis.
Most councils that invested in the failed Icelandic bank Landsbanki have recouped the majority of the money they are due after selling their claims, the Local Government Association has said.
Chancellor George Osborne has today been urged to block attempts by the state-owned Royal Bank of Scotland to increase the level of bonuses it can pay employees
A Municipal Bond Agency would free up local authorities to invest in housing and other services, without adding to government debt. But some key reforms to the borrowing rules will be needed
The Treasury is reluctant to confirm how much the Parliamentary Commission on Banking Standards is costing the taxpayer, but it could be up to £1m. Let’s hope it proves worth the money
After five years of downbeat and depressing press conferences, Sir Mervyn King actually sounded quite chirpy in his last hurrah as Bank of England governor
After a slow start, the Green Deal is proving a popular way for the government to attempt to reduce carbon emissions and for residents to lower their energy bills. But there’s also a major role...
The cost of funding public sector construction projects can be high, but don’t forget to refinance when the risk profile changes. It’s like leasing a Ferrari to attract girlfriends then...
Sir John Gieve has been there, done that, seen the blood on the carpet. The former Bank of England deputy governor talks to Judy Hirst about lessons from the last financial crash, the eurozone crisis...
The government now owns billions of pounds worth of banks in the UK, which it will have to restore to the private sector at some point. But when, how and what should the taxpayer get back? PF...
A year and a half into the recession, how close are the public finances to Treasury forecasts and what does the future hold? In the run-up to the Pre-Budget Report, the IFS’s Carl Emmerson and Gemma...
UK Financial Investments is meant to be looking after the taxpayers’ massive stake in the country’s failed banks. But concerns are mounting about the Treasury agency’s ‘hands off’ approach. Paul...