Former European commissioner Olli Rehn: ‘sterlingisation’ model ‘would not be compatible with EU membership’. Photograph: Jason Alden/Bloomberg

An independent Scotland could not be a member of the European Union if it uses sterling without a currency union deal with the rest of the UK, former(...)

DUP Minister for Finance Simon Hamilton:  claims Sinn Féin “are living on another planet economically and fiscally”. Photograph: Kelvin Boyes/PA

On British government welfare reform Simon Hamilton, the DUP Minister of Finance, says he has one message for Gerry Adams and Sinn Féin, “It’s a good (...)

Peter Oborne, the celebrated English journalist, first knew Ireland as the son of the military attaché in the British embassy in the 1980s. It was a t(...)

UK chancellor of the exchequer George Osborne (centre) has today insisted there will be no currency union with Scotland if it votes in favour of independence. Photograph:  Lynne Cameron/PA Wire.

UK chancellor George Osborne has dismissed the idea of a currency union with an independent Scotland. The comments came as the governme(...)

Britain’s deputy prime minister Nick Clegg speaks during the Liberal Democrat party’s spring conference in York. Photograph: Nigel Roddis/Reuters

Nick Clegg intends to remain as Liberal Democrat leader until at least 2020 — whether or not the party is in power — his office said today as s(...)

By 2007, a Vodafone subsidiary registered to an industrial estate in Dublin was reporting a turnover of €380 million (£320m) a year. Photograph: Getty

Vodafone made a previously unreported multimillion-pound settlement with HM Revenue & Customs in the wake of a dispute over the tax paid by an Iri(...)

Nigeria’s finance minister Ngozi Okonjo-Iweala. “Could do more,” she told the Shell who had proudly declared that 
that
the exploration company had paid $12
billion in taxes last year to African countries “including $4.5 billion into your treasury, 
Ngozi”. Photograph: Reuters

Nigeria’s minister for finance Ngozi Okonjo-Iweala had listened to the man from Shell proudly declare the exploration company had paid $12 billion in(...)