Councils gain new business rates powers County councils, unitary district councils and the Greater London Authority (GLA) can now raise supplements on business rates at their own discretion.
New code of practice for pension buy-outs The pensions watchdog has published a new code of practice on buy-ins and partial buy-outs designed to help pension managers and trustees.
EU warns UK banks on new regulation The EU Commissioner for Competition has warned UK banks that 'self regulation hasn't worked' and that tighter regulation is inevitable.