It believes that some people will get taxed twice.
Richard Pennycook is expected to be appointed to the transitional board imminently
Tesco admitted it had overstated its profits by £250m
As the national minimum wage rises to £6.50 an hour, IBTimes UK takes a look at the policy's history.
MPs have called on FCA to be vigilant over possible wave of pension scams, following Budget reforms.
RBS CEO Ross McEwan said most of its legacy issues should be behind the lender in 18 months' time
Istat says the jobless rate for 15 to 24-year-olds increased from 43.2% in July.
Tax deals agreed between Apple and Irish government in 1991 and 2007 have been deemed illegal state aid
The CIPD says employers have been turning to EU migrants to fill vacancies.
The UK government minister spoke at the Conservative Party conference in Birmingham.
Nicola Sturgeon says the investment plan will not require 'inflation-busting charge increases'.
Secretly recorded tapes allegedly show deference by the Federal Reserve Bank of New York
Former supermarket giant executive Coyle, 50, with two offences of insider dealing
The Chancellor says children and grandchildren will benefit from the move.
The British lender has dismissed a number of staff on a Libor and Repo rate probe
Switzerland's biggest bank is in talks over settling FX market manipulation allegations
Problems at Britain's biggest retailer were allegedly ignored for months.
Environmentalists concerned as India Environment Ministry begins review and amendment of major environment laws.
Manhattan US attorney examining suspected violations of money-laundering laws by Commerzbank.
Shares are rocketing 40% after Gross revealed he decided to step down amid the SEC probe
Another day and another fine, lawsuit or settlement.
Theresa May says it is essential that the Passport Office is run as efficiently as possible.
The watchdog has said that it is not just the 'big six' who are at fault.
Sky report says that the financial regulator is talking to banks about settling over currency rigging allegations
The Ukip leader says the move would, in part, be paid for by slashing the UK's foreign aid budget.
UK High Court Judge Robert Hildyard ruled against Barclays over its Tricorona acquisition.
The DWP spent £3.5m on a TV advertisement raising awareness of auto-enrolment.
Moore Blatch warns people of future and currency job prospects ahead of the London Tattoo Convention
The UK Deputy Prime Minister's comments come ahead of MPs voting on air strikes in Iraq.
The FCA unveils latest complaints data concerning financial services firm