UK chancellor of the exchequer George Osborne. He is to sell some of government’s stake in Lloyds.

UK chancellor of the exchequer George Osborne said his government will cut its stake in Lloyds banking group in the run-up to May’s general election, (...)

The Bank of England sign on the wall of its headquarters in London. A power cut at the bank added to the drama of banking stress tests yesterday

A power cut at the Bank of England added to the drama of the banking stress tests on Tuesday, as reporters and officials were forced to quit Threadnee(...)

Anti-Trident protestors demonstrate outside the Scottish Parliament  in Edinburgh, Scotland last month. Photograph: Jeff J Mitchell/Getty

Labour leader Ed Miliband will have to agree to scrapping a £100 billion plan to replace the United Kingdom’s Trident nuclear missiles if he needs s(...)

News that David Cameron and Enda Kenny were heading to Stormont has been known within political circles for the last week. Photograph: Charles McQuillan/Getty Images.

News that David Cameron and Enda Kenny were heading to Stormont has been known within political circles for the last week, but little information was (...)

 Minister for Public Expenditure and Reform  Brendan Howlin  and Minister for Finance Michael Noonan: The spring statement, which is being informally discussed, would be part of a wider process to “tell the people where we think the country is going”.  Photograph: Alan Betson/The Irish Times

The Government is considering introducing a so-called “spring statement” next year to break up the budget process and spread its economic announcemen(...)

British chancellor George Osborne said last week some of “the largest companies in the world”, including tech giants such as Google, Facebook and Amazon, were using “elaborate structures” to avoid tax.  Photograph: Jens Meyer/AP Photo

Multinationals will be given 30 days to pay a 25 per cent penalty tax by the British Revenue and Customs if it decides that they have improperly shif(...)

Google denies having a taxable presence in its main business in Britain and reports its annual UK revenue - more than $5 billion - in Ireland. Photo: PA Wire

A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intel(...)

There are conflicting views at Stormont about the possibility of a reasonably comprehensive agreement when Taoiseach Enda Kenny (right) and British prime minister David  Cameron engage in negotiations in Northern Ireland on Thursday and Friday. File photograph: Peter Macdiarmid/Getty Images

Taoiseach Enda Kenny and British prime minister David Cameron will spend two days in Northern Ireland this week to try to propel the five main Norther(...)

Duncan Smith: he said people in need of benefits would be given information about emergency payments. Photograph: Peter Macdiarmid/Getty Images

Benefits in the United Kingdom should be paid more quickly to people whose circumstances change if hundreds of thousands are to avoid having to go to(...)

EU internal market rules permit companies to operate across borders within the EU, putting a question mark over the compliance of the proposed “Google tax” with EU rules

The European Commission is to examine Britain’s proposal for a so-called Google tax to assess if it is in compliance with internal market rules. Spea(...)