UK Labour Party  ‘still in deep shock after its defeat and the UK’s future figures little in its current leadership contest’ ....   contender Andy Burnham (right) speaks as fellow contenders  listen during a hustings Photograph: Joe Giddens/PA Wire

‘Can we still save the union?” Stephen Heseler asks the question in a pamphlet published by the Federal Trust in London, entitled The United Kingdom, (...)

Royal Bank of Scotland could be liable for an enormous sum if it loses lawsuit over its handling of mortgage securities.  Photograph: Chris Ratcliffe/Bloomberg

United States regulators have told Royal Bank of Scotland Group it could pay as much as $13 billion (€11.7 billion) if it loses a lawsuit over its han(...)

Bank Of England governor Mark Carney: “Britain’s attitude to this developing crisis is clear: we hope for the best; but we prepare for the worst.” Photograph: Ben Stansall/WPA Pool/Getty Images

The European Union has built up “quite strong” defences over the last few years to guard against the danger of contagion from the Greek crisis, the Go(...)

Sinn Fein party colleagues Michelle O’Neill, Deputy First Minister Martin McGuinness and Conor Murphy announce that Sinn Féin will back Stormont’s so-called ‘fantasy budget’ in an attempt to buy time to find a solution on welfare. Photograph: David Young/PA Wire

The possibility of the collapse of the Stormont institutions has been put back after Sinn Féin decided it would conditionally endorse the so-called “f(...)

UK chancellor George Osborne is the latest politician trying to enshrine a balanced budget rule into national law. Photograph: Stefan Rousseau/PA Wire

Budget battles are nothing new. But the current attempts by so many different countries to tie the hands of tomorrow’s profligate politicians are with(...)

The budget deficit fell to £10.1 billion from £12.4 billion a year earlier, a smaller gap than economists had forecast.

Strong income tax receipts pushed British government borrowing to its lowest May reading since 2007, adding to signs that revenue growth could play a (...)

Nishi Ward: The planned corporate tax reduction would, he says, allow him to invest more in his already-profitable business and target growth in new international markets

If corporation tax were cool, Eamonn Donaghy of KPMG in Belfast would be the Bono of his world – half quiet tax accountant, half buccaneering campaign(...)

 DUP Minister for Finance Arlene Foster has been  given permission to accelerate the passage of the budget Bill through the Northern Assembly so that it could become law by the end of July. File photograph: Lesley-Anne McKeown /PA Wire

The Stormont finance committee has given DUP Minister for Finance Arlene Foster the go-ahead to begin rushing her so-called “fantasy” or provisional b(...)

Chancellor George Osborne, never one to let some good data pass unremarked, yesterday welcomed what he called a “powerful mix” of low prices and rising wages

If you blinked, you’ll have missed it: the UK’s brief descent into deflation has ended, with official figures yesterday showing the cost of living cre(...)

The NHS must shave nearly 2 per cent off its non-wages spending each year over the next five years

Britain’s National Health Service spends about £2 billion (€2.8 billion) a year on dressings, syringes and other basics, along with about £3 billion o(...)