The Bank of England is unlikely to be able to predict the next financial crisis, despite having learned from its "Michael Fish" moment, key staff have told MPs.
Sajid Javid, the communities secretary, is expected to take action to soften the implementation of revised business rates. Photograph: Andy Rain/EPA.
The Government has insisted it is “closely” following the London Stock Exchange's �21bn merger with German rival Deutsche Boerse but did not bow to calls to use its powers to halt the controversial tie-up.
An extra �2bn of capital gains tax and self-assessment tax receipts in January helped boost public coffers. Photograph: Rui Vieira/PA.
Maintenance workers on London Underground have voted to strike "following numerous unresolved breaches of agreed machineries and agreements by management".