Public Accounts Committee chair Margaret Hodge says compensation deadline unacceptable.

The rollout of superfast broadband to rural areas of the UK is 22 months behind schedule with BT the big winner so far.

The BBC has been found to have given over-generous severance payments to its senior staff, according to the latest report released by the National Audit Office (NAO).

HMRC deal to let Goldman Sachs off millions of tax it owed was lawful, rules high court.

Shane Croucher explores UK Uncut's high court case against HMRC over dodgy handshakes with corporate tax avoiders.

The National Audit Office is to investigate Ofcom's 4G auction, which earned more than £1bn less than government forecasts.

Chavez's heir Maduro secures narrow win over Henrique Capriles with 50.7% of vote.

The UK's £650 million cyber security fund is just a drop in the ocean and is simply not enough to combat the threat to the country according to one leading cyber security expert.

PAC finds defence ministry spent £1.5bn on raw materials and consumables in 2012, more than actually needed.

PAC says mishandling of deal to cost taxpayers £50m, mainly on compensating bidders.

Senior royal aides to be hauled before MPs to give answers over funding to Royal Family.

Ten-year plan allocates funds for nuclear-powered submarines, RAF and Royal Navy.

National Audit Office says taxpayers will shoulder 'significant cost' of collapse of franchise deal.

Businesses and individuals who avoided tax between 2010 and 11 have cost Britain around £5 billion.

HMRC's effectiveness in tackling tax avoidance under question because of backlog of 41,000 cases.

Report says £66bn invested in RBS and Lloyds may never be recovered, and taxpayers may lose £2bn from Northern Rock sale.

Numerous probes into money laundering and rate fixing scandals highlight need for fewer watchdogs.

As anniversary of English riots passes, Lianna Brinded examines how unanswered questions around shooting of Mark Duggan and the state of youth culture will spark more violence.

Bank bailouts, growing public debt, a deficit - all features of the UK's economic crisis. IBTimes UK speaks to the campaign for a public inquiry into the hows, whys and whos of Britain's financial collapse.

Spain €3bn short-term debt sale hits 5 percent yield as German investor sentiment falls the most since 1998

A National Audit Office report has questioned the way five large tax settlements - including one from Vodafone - were handled and called HMRC's internal communications "poor".

Italy now under pressure as recession deepens, bond yields rise following Spanish bailout

European shares weaken as Spanish stock, debt markets count the costs of state-led rescuses

Treasury committed itself before looking in detail at the possible consequences for the taxpayer, says NAO.

Nearly a quarter (23.9 percent) of the female population in the UK are obese.

The U.S. investment bank Goldman Sachs' £10 million tax deal with Her Majesty’s Royal Customs (HMRC) has raised serious questions about favouritism shown to big corporations based in the UK.

A new £2million Government campaign is to be launched to highlight early dementia warnings, with an estimated six out of 10 cases such as Alzheimer's going undiagnosed.

Accommodation claims have fallen by 27 percent during the year after the expenses scandal, new figures reveal, prompting MPs to complain that they are subsidising their costs themselves.

It has recently been speculated that cancelling the £3 billion worth of contracts the NHS currently has active with the Computer Sciences Corporation, could cost more that simply letting the contracts run their course, leading to accusations that the U.K tax payer is being held hostage.