Treasury

After a momentous year for government debt, during which it far outstripped the majority of asset classes, managers have moved to take profits from positions in several major debt markets.

THE BIG QUESTION

The Treasury wants to force the highest paid staff at 15 of the UK's largest banks to publicly disclose their pay.

The Tax Incentivised Savings Association (TISA) has welcomed Treasury proposals whih will give investors affected by the failure of financial firms the opportunity to use compensation payouts to top up their ISAs beyond the current subscription limits....

The Treasury is expected to close a loophole that allows wealthy individuals to avoid paying stamp duty on expensive property transactions in draft legislation for the Finance Bill today.

Investors should have been buying portfolios of gilts, treasuries and bunds, as well as commodities, while avoiding major indices, to maximise returns in 2011.

US treasury secretary Timothy Geithner has urged Asia-Pacific countries to ramp up their efforts to restore growth in the global economy.

MPs on the Treasury Select Committee have called on governors at the Bank of England to serve a maximum of eight years before stepping down.

Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).

Old Mutual's Stewart Cowley and LGIM's Richard Hodges have reversed their short duration stances and removed their treasury short positions as the flight to safety pushes yields to record lows.