A plan to merge National Insurance (NI) with income tax would increase wages, create jobs and help reduce costs, business leaders have said.
The government is considering nationalising the 316 Royal Bank of Scotland (RBS) branches currently up for sale, with a view to creating a new business lender, the Sunday Times reports.
It has been a hectic year for investors, with the eurozone debacle driving core bond yields to record lows, while equity markets were buffeted by fears over China and the US.
Fears over future inflation spikes and the ability of the Bank of England to control rising prices have led bond managers to take cover in protective instruments.
The Bank of England's increasingly unconventional policies could see it cut interest rates further, according to Threadneedle head of multi-asset Toby Nangle.
The FTSE 100's dismal week continued today as the UK's leading index fell to a four-month low, and remains on course to make a loss for the week.
Brooks Macdonald has acquired discretionary fund manager Spearpoint, manager of the Arch cru funds, in a deal that could reach £32m.