Chancellor

Banks are to be required to "ring-fence" their retail operations from risk-taking arms and to hold increased levels of capital to protect the UK from a repeat of the crash of 2008, Chancellor George Osborne announced today.

The rate of inflation fell last month, official figures reveal today.

Confidence in the UK's financial sector was dealt a blow today after an agency slashed the credit ratings of some of Britain's biggest financial institutions to reflect reduced Government support.

The Government has announced plans to continue a council tax freeze in England at today's Conservative party conference.

The Government has announced it is to improve mobile phone coverage in the UK.

Hard-hit rail commuters face more misery today as inflation figures reveal rail fares will increase by an average of 8% in the new year.

Chancellor George Osborne welcomed the new bailout package for Greece, commending eurozone leaders on their "decisive economic action".

Chancellor George Osborne is today expected to give approval to plans to force banks to erect a protective firewall between their retail and investment arms, in a bid to prevent a repeat of the financial crisis of 2008.

Chancellor George Osborne said today that he will cut income tax in a year by increasing the personal allowance but he will implement an effective tax hike from then on.