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Campaign group Generation Rent described Sir Howard Davies's comments as "astounding", while another critic said it demonstrated a "staggering disconnect between bankers and reality". Sir Howard Davies later "clarified" his remarks.
Labour can raise £50bn from the wealthy to pay for public services without introducing a new one-off wealth tax, says the Guardian’s economics editor, Larry Elliott
Firms are unable to raise £260bn to deal with sewage spillages according to researchers
The Institute of Chartered Accountants in England and Wales has amassed £127 million in penalties levied on firms for bungled audits.
The Institute of Chartered Accountants in England and Wales has amassed £127 million in penalties levied on firms for bungled audits.