City minister Lord Myners has been criticised by the Treasury select committee for his role in the departure of Sir Fred Goodwin from Royal Bank of Scotland.
The committee said Myners actions had been "naïve" when he failed to ensure Goodwin was fired from his post as chief executive. Instead he was paid off with a £17m pension which caused public outcry. ...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.