The unions are awash with cash to finance their wars against business and taxpayers , writes Norman Tebbit.

So North Korea may or may not have executed its Finance Minister – “at a firing range in Pyongyang” - as the fall guy for the currency reform fiasco. If so, the regime can count on at least some support....

Ahead of a summit of European leaders next week on the long-term 'Europe 2020' plan, EU labour and finance ministers appear to disagree over the exit strategies to be put in place to lifting the bloc out of recession and reduce massive unemployment.

The Guardian has this extraordinary story: "North Korea has executed a senior official blamed for currency reforms that damaged the already ailing economy and potentially affected the succession, a news agency in South Korea reported today. Pak Nam-gi was killed...

An Electoral Commission review into the SNP's finances in Angus has begun in a row over leaflets, BBC Scotland learns.

EU finance ministers approved on Tuesday (16 March) a directive to clamp down on VAT fraud in carbon markets by allowing member states to shift the levy to the end user.

EU finance ministers on Tuesday supported greater EU involvement in monitoring national economic policies, agreeing that more "candid" policy recommendations could be made to member states on issues such as employment, education or the fight against poverty.

The FT reports that European finance ministers yesterday postponed a vote on the EU's proposed AIFM Directive to regulate hedge funds and private equity firms after “a last-minute intervention” by Gordon Brown. Ministers are still at loggerheads over how to regulate funds and managers established outside the EU.

EU finance ministers are fighting against the European Commission's target of spending 3% of GDP on research and development (R&D), demanding a new "outcome-oriented" measure of success.

EU finance ministers were due to meet today to discuss the EU’s proposed AIFM Directive on hedge fund and private equity managers. The FT reported this morning that the Spanish EU Presidency had said it was optimistic that a deal would be reached. However, on his WSJ blog, Stephen Fidler reports that Spanish Finance Minister Elena Salgado has pulled the item from the agenda of today’s ...