The euro slipped to a two-year low against the dollar.

NEW YORK - The euro slipped to a two-year low against the dollar and a near 12-year trough against the yen on Monday over fears that Spain may need a bailout.

Taxes must be paid...

HM Treasury has outlined Government proposals to crack down on “contrived and aggressive” tax avoidance schemes.

Plans include increasing the pressure on advisers who market “abusive” schemes while making it easier for taxpayers to identify such schemes.

After the scandal a further seven banks UK have had agreed to pay compensation customers

LONDON (Reuters) - Britain's financial regulator said a further seven banks have agreed to compensate customers they misled about interest rate hedging products and review their sales practices.