Chief executive of Royal Bank of Scotland called on politicians to let him run the state-controlled bank commercially in order to generate a return for taxpayers

German Finance Minister plays down hopes for comprehensive eurozone rescue plan; Osborne: UK taxpayers may have to contribute more to resolve the crisis

George Osborne spent more than £30,000 of taxpayers' money overhauling Number 11 Downing Street in the year following the election, official documents revealed on Friday night.

The plan calls for the US Federal Housing Administration to expand its balance sheet by insuring refinancings of loans not already guaranteed by taxpayers

Today Tory Mayor Boris Johnson has announced a 1 per cent cut in the Mayor's share of council tax. This will save Band D taxpayers in London just £3.10 a year. Ken Livingstone said; "This is just £3.10 a year, whereas I will save Londoners on average £1,000 over four years by cutting the fares on October 7th this year. "I believe in tough times Londoners need a Mayor who wil...

Value of shares in RBS and Lloyds falls amid fears backlash against bonuses will damage their performance.

As political and societal will gathers to massively cut carbon emissions over the next years, the value of carbon-intensive oil and gas firms is likely to plummet, potentially leaving taxpayers with the burden for bailing them out, argues Matthew Ulterino. More »

Edward DeMarco, acting director of the Federal Housing Finance Agency, concluded the policy option would be far too expensive for taxpayers

Just one week after the Government gave the green light to a multi-billion pound high speed rail network, taxpayers are being asked to consider another tranche of infrastructure investment. But the case for a £50 billion Thames Estuary Airport, dubbed ‘Boris Island’ after London’s inimitable Mayor, is so confused that it no longer constitutes a

The Daily Telegraph has been forced into a humiliating climbdown after making what it now admits were false claims about Lib Dem cabinet minister Chris Huhne. The paper had splashed on allegations that it was Huhne who had leaked the letter from Michael Gove suggesting taxpayers might make a gift of a new royal yacht