The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

HM Treasury has published a letter (dated December 18, 2024) from Andrew Bailey, BoE Governor, in his role as Chair of the Prudential ...

HM Treasury published the UK Green Taxonomy Consultation (the ‘‘Consultation’’) on 14 November 2024, and there is one week to go until the consultation window closes on 6 February 2025.

HM Treasury is looking to protect the vehicle finance sector from huge compensation bills, fearing this could damage Britain's economy, according to reports. The Financial Times said on Tuesday ...

Ms Reeves has presided over a number of decisions including a rise in employers’ National Insurance and cutting winter fuel payments Credit: Kirsty O'Connor/HM Treasury Downing Street pointed to ...

This announcement, made by the Office of Financial Sanctions Implementation (OFSI, a division of HM Treasury), signals a significant regulatory shift, particularly for businesses that transact in ...

The latest extension of the exemption comes to an end on June 18 this year, but on January 10 HM Treasury decided to make the carve-out permanent. What’s puzzling is why the UK has taken a different ...

Tulip Siddiq's decision to step down from office came after the MP for Hampstead and Highgate was named in an investigation into claims her family had embezzled up to £3.9m in Bangladesh.

Treasury minister Tulip Siddiq has resigned following pressure over an anti-corruption investigation in Bangladesh - which she was named in The probe is looking into claims the Labour MP's family ...

In the wake of Siddiq's exit, Labour MP Emma Reynolds has been named the new Economic Secretary to the Treasury. Reynolds, the MP for Wycombe, had previously been a parliamentary secretary at HM ...

Imposing an asset freeze does not change the ownership of the frozen funds or economic resource and nor are they transferred to HM Treasury for safekeeping. This designation extends to all parts ...