Chancellor

The Bank of England has warned Britain's big banks could lose up to a fifth of their profits as the commercial property market implodes, The Daily Telegraph reports.

The Chancellor is clearing the ground for new regulations on financial markets in the wake of the credit crunch, pledging to create a "gold standard" to judge the quality of key asset-backed securities, The Telegraph reports.

The Treasury has announced Chancellor Alistair Darling will deliver his first Budget on 12 March.

The Treasury's move to increase ISA limits is nothing more than a ploy to raise revenue, a high profile IFA warns.

Nationwide has launched a 25-year fixed-rate mortgage following the Chancellor's announcement on Tuesday that the Government wanted to see more long-term fixed-rate mortgages as part of a strategy to improve affordability of housing.

The mortgage industry is warning the Government to carefully consider proposals to increase fixed-rate terms, arguing such a move could have serious repercussions for homeowners.

The Chancellor, Alistair Darling, says he is concerned that mortgage brokers have a built-in incentive to sell short-term fixed-rate loans, and this is a major cause of Britain's housing crisis.

I was settling into my aircraft seat recently - an exit row aisle seat so with a little extra legroom - when I noticed Gordon Brown coming in through the door.

Flying down to London this morning I was in need of something to read and grabbed a complimentary copy of the Daily Express. In its pages was the ongoing campaign against the so-called "death tax".

December 6th is celebrated in many countries as St Nicholas' Day. In the Netherlands, children traditionally leave their shoes out for St Nicholas' annual visit, with the well-behaved children receiving presents in return for food left for St Nicholas'...