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The most shocking line in Nick Clegg's speech yesterday on reform of the tax system sounded so anodyne that it might have passed many people by. 'Every politician now has a simple choice,' the deputy prime minister proclaimed. 'Do you support a tax

In advocating the need to cut taxes in order to stimulate Britain's flat-lining economy, yesterday's speech by Nick Clegg has begun an important debate. ... Read the full story at Daily Mail Share this page Have your say on this story Your nickname

Jack Straw has said there is so little government legislation for MPs to consider at the moment that ministers are having to "manufacture activity". The senior Labour MP said "poor management" by the government meant the House of Lords was "overloaded"

Eurozone countries must show "the colour of their money" in shoring up the single currency before any IMF funds are given to members facing economic collapse, George Osborne said on Friday. The chancellor said the UK was "ready to play our part" in

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German Finance Minister Wolfgang Schaeuble took a jab at Britain's Prime Minister David Cameron on Friday, blaming him for Europe's failure to agree a common debt-reduction treaty. Cameron has refused to take Britain into a proposed EU fiscal pact, which

Jan. 27 (Bloomberg) -- Prime Minister David Cameron was concerned that Royal Bank of Scotland Group Plc Chief Executive Officer Stephen Hester might leave Britain’s biggest state-owned lender if he was refused a bonus, a person familiar with the

A campaign to push for a third option in the independence debate, giving Scotland maximum devolved powers within the United Kingdom, will be launched next week. The movement brings together a coalition of organisations, including the Scottish Council for

Chancellor George Osborne has launched the Financial Services Bill There will be "no ambiguity about who is in charge" when taxpayers' money is at risk, Chancellor George Osborne promised, as he unveiled new laws to boost the Treasury's power during

George Osborne has defended Royal Bank of Scotland's award of a bonus worth just under 1m to its chief executive, Stephen Hester, saying it was up to the state-backed lender to decide what he should be paid. RBS announced yesterday that Mr Hester would

London Mayor Boris Johnson has joined condemnation of the near-£1 million bonus for RBS boss Stephen Hester, saying he was "at a loss to justify" the scale of the payment. Mr Johnson said the award to the chief executive of the bailed-out institution

They're out there ... David Cameron used the World Economic Forum stage to launch a stinging attack on his EU partners. Photo: AFP/Fabrice Coffrini THE British Prime Minister, David Cameron, has launched an attack on Europe for failing to deal with its

Plaid Cymru has revealed that its membership has increased by more than a fifth in the past four months. As nominations for the leadership closed at midnight, the party said that its recent membership drive had been a big success and bodes well for the

Europe needs to "show the colour" of its money before Britain will stump up more cash to bail out its struggling countries, George Osborne has said. Speaking at the World Economic Forum in Davos, the Chancellor has said the UK is willing to contribute

Welsh nationalist party hails membership drive launched in October as a success The Welsh nationalist party, Plaid Cymru, has enjoyed an increase of 23% in membership over the last four months, it has emerged. After a hugely disappointing showing at

The Treasury today published the Financial Services Bill, which when passed will enshrine the new regulatory structure in law. Unveiling the Bill at Davos, Chancellor George Osborne said it will give him the power to order the Bank of England (BoE) to

Frank Roy, MP for Motherwell and Wishaw Motherwell and Wishaw MP tells contractors lessons must be learned from 'unacceptable' bypass delays Blog post from Motherwell and Wishaw MP Frank Roy, who along with John pentland MSP, met with public utility

London Mayor Boris Johnson said he would continue to stick up for bankers in the City, but RBS was different as he spoke against the bonus given to Stephen Hester. Andrew Neil later asked Mr Johnson - speaking from Davos - about why his opponent Ken

TRIBUTES today poured in to former long-serving Midlothian Labour MP Alex Eadie, following his death at the age of 91. Mr Eadie, who was the constituency’s MP for 26 years until his retirement in 1992, served as a junior minister in the governments of