In a surprise move today, Chancellor Kwasi Kwarteng axed the 45% Additional Rate of Income tax paid by 660,000 high earners.

The Treasury confirmed this afternoon that it will scrap the 1.25 percentage point rise in National Insurance introduced in April.

The BBC TV satire show That Was the Week That Was became one of the most popular TV shows in the early sixties. 

Ashley Alder - the CEO of Hong Kong’s Securities and Futures Commission (SFC) - is to become the new chair of the Financial Conduct Authority from January.