The Treasury Committee, the influential Commons committee of MPs, has written to FCA chief executive Nikhil Rathi to raise questions on the regulator’s reported investigation into Odey Asset Management.

The government's inheritance tax (IHT) haul for the 2022/2023 tax year reached £7.1bn - £1bn higher than the record seen in the previous year.

The inheritance tax take for 2022-23 to the end of February stands at £6.4bn, exceeding the £6.1bn the Treasury received during the whole of the 2021-22 financial year.

A report for the Treasury-backed Women in Finance Charter suggests that women are continuing to gain more senior roles in financial services, with female executives now holding 35% of senior roles.