Brandon Lewis, parliamentary under-secretary of state for local government, was speaking to a group of MPs.
Daniele Nouy, ECB head of the Single Supervisory Mechanism, unveils 14,000 applications for new regulator.
The news comes after the Chancellor George Osborne announced reforms to the UK's insurance industry.
Universal Credit has now expanded to the North West of England, with four more job centres offering the benefit.
Europe Economics report, commissioned by Business for Britain, says 'only very considerable reforms' will prevent this
Arvydas Arnasius, Acting Director General at Invest Lithuania told IBTimes TV that the country is primed to draw in more business from abroad and is an optimal place for more foreign direct investment.
The deal will mark the 15th settlement for the FHFA
The UK government unveiled a set of reasons why an independent Scotland would hurt citizens
US NHTSA says investigations involve older Jeep, Dodge and Chrysler models.
Phil Davies, leader of Wirral Borough Council, told IBTimes UK that local councils need more power
ICC says trade finance banks should face toned down regulation to reflect their lower risk profile
DoJ is allegedly asking bankers and clients how much sales teams charge customers to exchange currency
Deeb Salem takes the Wall Street giant to court, demanding $5m more
External member of interest-rate-setting Monetary Policy Committee, Martin Weale, says BoE could be forced to raise interest rate sooner
Citic Resources is the first company to admit discrepancies in its Qingdao inventory.
Rising demand for alternatives to state-backed currencies will lead to tidal wave of private monies, says Institute of Economic Affairs.
Respondents were successful in the Court of Appeal, but Theresa May took the case to the Supreme Court.
The MPs called on Ofsted to maintain its recent focus on economically deprived white children.
Audit authorities say losses at China Investment Corp could still widen
Council tax collection rates bought in £2bn for Scotland's economy.
Investor Responsibility Research Center Institute unveils a groundbreaking new study into insider trading stats
The 2013 Defamation Act was not adopted by the Northern Ireland Assembly.
A US court ruled that 50 works published by Arthur Conan Doyle are open to the public
Baroness O'Cathain has warned Britain could face more riots like those seen across London in the summer of 2011.
Belka was caught on tape discussing the removal of Poland's finance minister Jacek Rostowski
Dr Ros Altmann, a former government advisor, has called for a new body to help savers after the 2014 Budget.
The FCA said the groups' failed to deliver a clear, fair and not misleading product campaign
Previously it had taken customers up to five weeks to change energy supplier.
HSBC said it will be closely monitoring Qingdao metals transactions.
Official figures showed only 1% of fathers took Additional Paternity Leave since its introduction in 2011.