Pay for bankers and top executives has become "a bit of a Ponzi scheme" and most of them would do the work for half the money, Ed Balls, the shadow chancellor, has said.
The scale of Britain's growing inequality is revealed today by a report from a leading charity showing that the country's five richest families now own more wealth than the poorest 20% of the population.
Tony Benn – the lodestar for the Labour left for decades, orator, campaigner, diarist and grandfather – has died aged 88 after a long illness, his family has announced.
The union representing Rolls-Royce managers has blamed the company's "bonus culture" for the string of bribery and corruption scandals dogging the company.
One of the architects of the EU's cap on bankers' bonuses has called for the UK government to be sued for allowing banks to sidestep the new rules as two more high street banks were preparing to hand their bosses up to £1m in extra pay to avoid the clampdown.
Calculations made as MPs prepare to launch new cross-party group dealing with youth unemployment
Vince Cable has asked the Equalities and Human Rights Commission (EHRC) to advise him on the legality of all-female shortlists for top City jobs as part of the coalition's latest push to get more women on to the boards of major companies.
Retailers are calling for a radical overhaul of the business rate regime that could see the tax based on energy use rather than property values.
Recessions are costly. That was the message from the state of the nation report from the Institute of Fiscal Studies.
The UK boss of Handelsbanken – the Swedish bank lauded by the government as a challenger to Britain's big five – on Wednesday expressed his frustration that the Swedish-based bank's employee ownership scheme has fallen foul of the taxman.
Labour will on Wednesday demand that the government prevent bailed out Royal Bank of Scotland from paying out bonuses more than twice the size of its bankers' salaries and call for a repeat of the bonus tax.
Revelations that the Clintons keep a spreadsheet updated with everyone who has ever wronged them led us to ask writers and politicians whether they hold a grudge with the same conviction – and impressive organisational skills
2013 was the year that 800,000 people were lifted out of fuel poverty – by a change in the definition.