Economics

Former French presidential hopeful Dominque Strauss-Kahn is hoping to raise $2bn to launch a hedge fund.

Industry figures have broadly praised George Osborne's 2014 Budget, pointing to the benefits created for savers.

US markets fell this morning after a surprising comment by US Federal Reserve chairman Janet Yellen that interest rates would rise in 2015.

The Government has pushed ahead with the crackdown on LLP taxation structures, stating it will come in from this April, despite criticisms from the industry and calls for a delay.

The 40% income tax threshold will rise this year and next, Chancellor George Osborne has said in the Budget.

The Chancellor has announced far reaching reforms to pensions in his fifth Budget speech and said "no one will have to buy an annuity" in the future.

The tax-free allowance - already set to rise to £10,000 this April - will be further increased to £10,500 from next year, George Osborne has announced in the Budget.

Chancellor George Osborne has said an independent Scotland would be £1,000 worse off per person if it was to split apart from the UK.

The Office for Budget Responsibility (OBR) has raised its forecast for UK economic growth this year as the recovery continues to gather pace.

The governor of the Bank of England, Mark Carney, has warned the 2% target for inflation became a "dangerous distraction" for the UK's policymakers.