European Commission

Previously 22 November

Concerns over projection of future performance

Technology-friendly regulator values traditional advice

'Exceptional technical implementation challenges'

The European Commission has called on the UK to raise taxes on higher value properties, build more houses and adjust the Help to Buy scheme.

Proposals for a financial transaction tax are ‘significantly detrimental to the UK's interest', according to a Lords committee.

QUICK QUIZ

QUICK QUIZ

The European Commission has accused 13 banks, including Barclays, HSBC and the Royal Bank of Scotland, of colluding to hamper competition in the credit derivatives market.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.