Asking taxpayers and child benefit recipients to reveal information to their partners is legal, HM Revenue & Customs says, despite claims it breaks confidentiality rules.

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Taxpayer lost £2bn on Rock rescue

4 tuntia 46 min sitten

The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates.

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Markets drop on eurozone worries

5 tuntia 6 min sitten

Concern over the eurozone debt crisis has continued to weigh on financial markets, with the euro dropping more than a cent against the US dollar.

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VIDEO: Spanish banks face credit ratings cut

5 tuntia 31 min sitten

Ratings agency Moody's has cut the credit ratings of 16 Spanish banks, a further blow to a country that is struggling to deal with the bad debts of its banking sector.

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Moody's downgrades Spanish banks

5 tuntia 35 min sitten

Ratings agency Moody's cuts the credit ratings of 16 Spanish banks, as shares in struggling lender Bankia fell another 14%.

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Cameron defends his euro warning

To, 17/05/2012 - 22:05

David Cameron says it was "more dangerous to stay silent than to speak out" - and insists there will be no retreat on deficit reduction.

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VIDEO: Spain pays high price for selling debts

To, 17/05/2012 - 19:25

The BBC's Aaron Heslehurst on the sharp rise in interests rates Spain has to pay for selling its debts - and Facebook gets ready for its stockmarket debut.

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AUDIO: Taxman targets online traders

To, 17/05/2012 - 18:53

HMRC is targetting people who use sites such as eBay and Amazon to sell items online at a profit.

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Can Facebook crack China?

To, 17/05/2012 - 18:46

Can Facebook crack the Chinese market?

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Cairn shareholders rebel on pay

To, 17/05/2012 - 18:25

Shareholders at the Edinburgh oil and gas exploration firm Cairn Energy rebel against top executive pay.

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Buffett in newspaper investment

To, 17/05/2012 - 17:33

Berkshire Hathaway, the holding company of legendary investor Warren Buffett, invests in 63 local newspapers in the south-eastern US.

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English house building falls back

To, 17/05/2012 - 17:05

The number of new homes started by house builders in England fell again in the first three months of the year, according to official figures.

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Some work schemes 'of no benefit'

To, 17/05/2012 - 16:57

A parliamentary committee questions the length and quality of some apprenticeships, saying six month programmes are of no real benefit.

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More households in fuel poverty

To, 17/05/2012 - 16:30

Gas and electricity price rises at the end of last year are expected to have pushed 400,000 more households in England into fuel poverty.

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