Fourteen people - including a former HM Revenue & Customs (HMRC) officer - have been ordered to pay back over £1m for their part in a £1.2m tax fraud.

Britain could lose its AAA credit rating after George Osborne admitted he will miss his target to reduce Britain's debts and have to borrow an extra £100 billion.

Shadow Chancellor Ed Balls has condemned George Osborne's economic plans for failing to meet the government's own targets, following the Autumn Statement.

The higher rate tax threshold will go up by 1% in 2014, the Chancellor said today.

The coalition government will not introduce a new tax on property, the Chancellor said today.

The Financial Ombudsman Service (FOS) has revealed details of a complaint where it has ruled in favour of a couple and against their IFA in a £60,000 case.

The Financial Services Authority (FSA) is proposing emergency measures to intervene in the sale products where it judges mis-selling, flaws, or other problems to consumers.

AUTUMN STATEMENT

Merchant House has withdrawn its listing on the AIM exchange after it was unable to raise sufficient funding.

Sir Mervyn King, the Bank of England's Governor, told the Chancellor that £37bn cash the Treasury claimed from the QE programme will not help the UK's finances.